Methods of Giving to Young Harris College:
Donors may consider, but are not limited to, the following methods of giving: 
 
 
Current Gifts
Cash, Appreciated Property (i.e., stocks, bonds, art, etc.), Gifts-in-Kind, Life Insurance, Real Estate.

Planned Giving or Deferred Gifts
Wills, Living Trusts, Charitable Remainder Unitrusts, Charitable Remainder Annuity Trusts, Gift Annuities, Deferred Gift Annuities, Life Estate Agreements as below:

Wills - A properly drawn will is an excellent way for a donor to remember Young Harris College and make a significant contribution. This gift is in a designated amount, part of an estate, or all of the residue of a will given at the time of the donor's death.

Living Trusts - A donor may, in his or her lifetime, enter into a legal agreement or contract for the benefit of an organization such as Young Harris College. The donor funds this trust with assets, but retains the right to terminate, cancel, or revoke the trust. The Trustor or Grantor transfers property of any kind to a trustee, who invests and reinvests the property and pays the income to a named beneficiary. When the Trustor dies, the trust is terminated or continued for beneficiaries for a definite period of time. At some time, either at the Trustor's death or at the death of his or her beneficiaries, the principal goes to Young Harris College.

Life Estate Agreement - Donors may contribute a personal home, a farm, or other assets to Young Harris College and retain the right to live in the home or farm, and use the property to produce income. At death, the property would go directly to the College without going through probate or taxation.

Deferred Annuity - The donor makes a charitable gift to the institution before retirement, and the institution agrees to pay a guaranteed life income, beginning when the donor retires or at any date he or she specifies. This program is ideal for donors who would like to make a sizable charitable gift, but are concerned about having sufficient retirement income.

Charitable Remainder Unitrusts - Created by the donor, this life-income plan irrevocably transfers assets to a trust, which pays the donor an annual income for life. The income is based on a fixed percentage, which is determined by the fair market value of the trust assets as re-valued annually. Upon the death of the donor, the trust assets are transferred to Young Harris College.

Charitable Remainder Annuity Trusts - This life-income plan irrevocably transfers assets to a trust, which pays the donor an annual fixed dollar amount for life. The donor can also provide income for another person. At the time of the donor's death, the trust principal becomes the property of Young Harris College.

Charitable Lead Trusts - With this plan, payments are made to the charitable institution for a predetermined time, after which the trust corpus goes to a designated remainder beneficiary.

Gift Annuity - Donor transfers cash or other property to Young Harris College, in return for which, the College pays the donor a specified amount annually or quarterly for the remainder of the donor's life. This gift has tax advantages and is a way to make a gift while, at the same time, receiving an income for life.

These materials are presented for general information only and should not be acted upon without qualified professional assistance.

For more information on how you can become a part of our vision for Young Harris College, contact the Office of Institutional Advancement at 706-379-5112 or 800-241-3754.