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Iron Dukes Heritage Society

Courtesy: Iron Dukes
         
Release: June 23, 2016
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The Iron Dukes Heritage Society honors alumni and friends who have included Duke Athletics in their estate plans or have made some other type of planned gift to Duke Athletics. Members are invited to recognition events and are counted among the university's most valued supporters.

Deferred or Planned Gifts
While outright gifts provide vital resources for the university today, deferred gifts help shape Duke's future. A deferred gift to Duke Athletics can be a useful financial planning tool and may help you:
• generate a life income for yourself and/or your loved ones
• make a more significant gift than you imagined possible

Will or Revocable "Living" Trust
The most common form of deferred gift is a bequest contained in a person's will or revocable (living) trust. Because detailed language may be necessary to ensure a donor's wishes are followed, please contact the Iron Dukes office for further assistance.

Life Income Gifts
Charitable gift annuities, charitable remainder trusts, and pooled income funds are all forms of life income gifts. These gifts provide philanthropic support for Duke Athletics.

Charitable Lead Trusts
A charitable lead trust can be used to transfer assets to children or others. The trust makes a fixed payment to Duke Athletics for a specified term, measured either by someone's life or a selected number of years. After the trust term ends, the assets of the trust are either returned to you or passed on to children or other loved ones.

Life Insurance
You can name Duke Athletics as a primary or contingent beneficiary of a life insurance policy. If Duke Athletics is named both sole owner and beneficiary of a paid-up policy, you may receive an immediate charitable deduction for the lesser of the policy's fair market value and the net premiums paid.

 

 

To learn more about these gift plans - and to access examples, sample rates, and a gift planning calculator - visit giving.duke.edu/giftplanning.