There are many ways to support the College with an estate gift, options that help you balance planning for family and loved ones with a chance to give back. The following provides a brief introduction:
Charitable Bequest – By naming Front Range Community College in your Will or Living Trust, you create a gift today that we will receive only when your estate is settled.
IRA or Retirement Plan – You can name Front Range Community College as a beneficiary of your IRA or workplace retirement plan. To include the College, simply request a “beneficiary change” form from your IRA custodian or Human Resources department, complete the form, and then return it according to their instructions. Beneficiary change forms are often available online.
Life Insurance – You can name Front Range Community College as the beneficiary of a new or existing life insurance policy. To include the College, simply request a “beneficiary change” form from your life insurance company, complete the form, and return it according to the instructions provided. Again, most companies make beneficiary change forms available online.
Charitable Gift Annuity – A gift annuity is a simple contract in which Front Range Community College agrees to pay you (and/or another person) an income for life, in exchange for a gift you make today.
Charitable Remainder Trust – In the right situations, a charitable remainder trust can provide powerful financial, tax, and estate planning benefits. You donate assets into trust for the eventual benefit of Front Range Community College. In the interim, the trust pays income to you and/or your designated income beneficiaries.
Charitable Lead Trust – A charitable lead trust can provide support for Front Range Community College, while transferring assets in the future to your heirs with little or no gift or estate tax.
Retained Life Estate – You can donate future ownership of a residence to Front Range Community College, while still retaining the right to live there for the rest of your life.
Any of these estates will make a significant impact at the College, and we would love to honor your support through our Summit Society.