Deferred gifts are those you commit to in the present but give to Des Moines University Medicine and Health Sciences in the future. These planned gifts offer a wide variety of benefits, including flexibility, tax savings and — in some cases — fixed, dependable income for life. Deferred gifts often enable you to contribute more to the university than outright gifts.
Types of Deferred Gifts
Bequests
Bequests are gifts detailed in your will and are revocable during your lifetime. You can name DMU as the recipient of a specific dollar amount, asset or percentage of your estate.
We provide bequest language to help you get started.
Retirement Plan Gifts
Retirement plan gifts let you provide a generous gift to DMU after your lifetime while saving income tax and estate taxes for yourself and your heirs.
Other Options
Charitable Lead Trusts
Charitable lead trusts pay a fixed or variable income to DMU for a specified amount of time and then pass to your heirs. These trusts keep assets within the family while reducing the size of your taxable estate and the resulting gift taxes passed on to your heirs.
Charitable Remainder Trusts
Charitable remainder trusts are created when you donate assets into an irrevocable trust that then pays you or your designated beneficiary a set income for a specified period of time. After the specified period, the remainder of the trust is given to DMU. You receive an income tax deduction when the trust is created.
Life Insurance
Life insurance is a way to support DMU when the original need for which a policy was purchased no longer exists. Assigning ownership of an existing policy to the University gives you an immediate income tax deduction and avoids estate taxes on the proceeds.
Retained Real Estate
Retained life estate is the irrevocable gift of a personal residence, farm or vacation home to the university. You receive an immediate income tax deduction while retaining all the benefits of ownership, including living on or leasing out the property.