Donating retirement plan assets to Spenser's Hope can be especially helpful in avoiding estate tax and income tax payable by your heirs. You simply make Spenser's Hope the beneficiary of all or a chosen portion of your retirement account. There is no tax benefit for this donation now. However, the assets donated to Spenser's Hope will be removed from your taxable estate when you die. Also, your heirs will be saved from the income tax liability arising from this income in respect of decedent property.

Taxpayers whose estate will have an estate tax liability could save up to 76.6% of the after tax value of their retirement plan assets by donating them to Spenser's Hope.

Please email us at donations@spensershope.com if you are interested in making Spenser's Hope a full or partial beneficiary of your retirement plan.  Thank you very much for making Spenser's Hope a part of your charitable plans.