Planned Giving
It is possible to designate MAYHS in your will - either through a fixed gift amount or a percentage of the estate. A legal disposition by will, which names MAYHS as the recipient of all or a portion of the donor's estate, not only helps the School, but usually reduces the donor's federal estate taxes, and in most cases state inheritance taxes as well. Please let us know if you have done so, or if you would like help setting up your will to include MAYHS.
Charitable Remainder Trust
A charitable remainder trust can enable you to simultaneously make a charitable gift, enjoy a tax deduction, remove taxable assets from your estate and generate income for yourself, your family, or anyone else you choose - for life, or for a specified period. Upon your death and/or the death of all other beneficiaries, the remaining assets in the trust go to the charity(ies) you named.
Charitable Lead Trust
A charitable lead trust is designed to reduce beneficiaries' taxable income by first donating a portion of the trust's income to charities and then, after a specified period of time, transferring the remainder of the trust to the beneficiaries.