There are numerous options for planned gifts:
A bequest is the transfer of cash, securities, or other property through a will or living trust. Bequests can be a specific amount, percentage of your estate, percentage of your residual estate or specific property. A bequest is private and you may change it at any time. Giving by bequest costs nothing now, yet it may give you a great deal of satisfaction to know that your future gift will live on.
You can name Opera Idaho as the primary or contingent beneficiary on the beneficiary designation form for your retirement plan. This may be the most tax efficient way to give a gift to Opera Idaho; many retirement assets may be taxable for income and estate tax prior to being paid to an individual beneficiary.
Consider giving your life insurance policy new life with a charitable purpose. Naming Opera Idaho as the beneficiary or transferring ownership of your life insurance policy provides you the satisfaction of making a generous donation and leveraging the value of your policy. Options include: naming Opera Idaho as the beneficiary of an existing policy, transferring ownership of an existing policy, or purchasing a new policy naming Opera Idaho as the owner and beneficiary and donating premium payments