With gifts involving retirement, life insurance, or real estate assets, there are many variables to consider. Please call the Planned Giving Program at 212-570-3796 or email firstname.lastname@example.org to discuss your particular situation.
Retirement account assets, if left to anyone other than a spouse, may be subject to very high taxation. However, by designating the Metropolitan Museum as recipient of any benefits remaining in your retirement plan, you may effectively reduce the taxes on those assets.
You may wish to make the Museum the beneficiary of a policy.
The gift of your home is a unique and meaningful way to support the Metropolitan Museum. You can enjoy the satisfaction of making such a gift during your lifetime—without affecting your current lifestyle—by a special arrangement called a retained life estate. Real estate can also be a valuable asset when used to fund either a charitable remainder trust or a charitable lead trust.