Leaving Your Legacy
Miami Athletics Planned Giving
Leaving Your Legacy at the U
Legacy gifts play a vital role in sustaining and advancing the mission of Miami Hurricanes Athletics well beyond the needs of today. Including Miami Athletics in your long-term financial plans allows the department to proactively shape its future, allocate resources for vital capital projects, and draw in top-tier talents. Planned Gifts provide student-athlete scholarships, strong academic programming support, enhanced state-of-the-art facilities, along with other resources that impact the student-athlete experience.
How to Plan
Make a play that balances your long-term philanthropic goals with tax-smart planning strategies. There are a number of planned giving vehicles you can use to make a legacy gift.
- Name The University of Miami as a beneficiary in your estate documents and direct your gift to Miami Athletics
- Choose to give a specific sum or a percentage of your estate in support of Miami Athletics
- Choose to give specific assets, including appreciated securities, real estate, or personal property (artwork, royalties, copyrights, etc.).
- Name The University of Miami as a full or partial beneficiary of an IRA, 401(k), 403(b), other retirement assets, or life insurance policies.
- Open a University of Miami Donor-Advised Fund (DAF) or direct a grant from an existing DAF
Your Hurricane Legacy will provide unwavering support for our student-athletes that will in turn, enhance the ability for success in the classroom, in competition, and in the community as a part of Miami Athletics
Planned Giving Options
Provide for University of Miami Athletics as a beneficiary in your will/trust or create a codicil to add the University as a beneficiary.
Gift of Retirement Plan Assets
Name the U as a beneficiary of part or all of your retirement plan. Often retirement assets are the most heavily taxed portion of an estate.
Gift of Life Insurance
Name the U as the owner and/or beneficiary of an existing or new life insurance policy. In some cases, this may provide you with tax benefits.
Gift of Real Estate
You can make a philanthropic gift of your residence, rental or commercial property, or undeveloped land through your will. You may also use real estate to fund a gift arrangement, such as a charitable remainder trust. Tax benefits can be significant, and in some cases, donors may also receive income.
Charitable Gift Annuity
In exchange for a gift or cash or appreciated stock, you (and/or another beneficiary) receive fixed payments for life and significant tax benefits.
Charitable Remainer Trust
You may establish this trust for a flexible number of years, or for life, receive a substantial tax deduction plus regular (fixed or variable) payments. When the trust ends, the principal is distributed to the University of Miami for the purpose you designate.
Retained Life Estate
Donate your real estate property while retaining the right to live there for life and enjoy tax benefits.
University of Miami Donor Advised Fund
Make a tax-deductible gift to the University of Miami to establish a fund to advise later on the specific use of the gift. At least half of the gift must be designated to the University of Miami while the rest may support any other qualified charity.