Gift and Estate Design Consulting

In conjunction with our planned gift administration services, Cornerstone offers planned gift consulting and design services to our clients. Cornerstone’s team functions in a way that is similar to that of an estate planning financial adviser. In many cases, our team works directly with the donor’s estate planning adviser or attorney to determine what type of gift arrangement will best meet the donor’s objectives. 

Cornerstone provides gift document review, estate design analysis, and planned gift viability studies.

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Our Team of Estate Planning Financial Advisors

Any professional inside your organization working to fundraise or build relationships with major donors can benefit from Cornerstone’s planned gift consulting services. Cornerstone acts as an estate planning consultant by coming alongside nonprofit teams to evaluate various gift opportunities. We work closely with other estate planning financial advisers to determine the best possible gift arrangement for your donor. We have assisted our clients in setting up hundreds of deferred gift arrangements. This experience allows us to fully support your team and increase the probability of gift consummation.

Professional business team working together, they are sitting at desk and using a laptop, teamwork and technology concept

Our Team of Estate Planning Financial Advisors

Any professional inside your organization working to fundraise or build relationships with major donors can benefit from Cornerstone’s planned gift consulting services. Cornerstone acts as an estate planning consultant by coming alongside nonprofit teams to evaluate various gift opportunities. We work closely with other estate planning financial advisers to determine the best possible gift arrangement for your donor. We have assisted our clients in setting up hundreds of deferred gift arrangements. This experience allows us to fully support your team and increase the probability of gift consummation.

The Gift and Estate Planning Process

In many cases a particular gift arrangement is suggested by the nonprofit’s fundraising personnel. Following the introduction, the donor’s attorney and other estate planning financial advisers may create an estate design which includes the recommended gift arrangement. Cornerstone’s team works with the nonprofit’s staff, the attorney, and other estate planning financial advisers to review the plan and to determine if the gift arrangement is properly structured.

A gift annuity, charitable trust, pooled income fund, or other type of split interest gift can be complicated. Our experience with such gifts can help avoid common mistakes. Our thorough review of the plan prior to consummation helps ensure that the gift arrangement will fulfill the donor’s objectives and further assist your organization in closing a major planned gift.

Open Holy Bible on a old wooden table. Beautiful orange wall background.
Open Holy Bible on a old wooden table. Beautiful orange wall background.

The Gift and Estate Planning Process

In many cases a particular gift arrangement is suggested by the nonprofit’s fundraising personnel. Following the introduction, the donor’s attorney and other estate planning financial advisers may create an estate design which includes the recommended gift arrangement. Cornerstone’s team works with the nonprofit’s staff, the attorney, and other estate planning financial advisers to review the plan and to determine if the gift arrangement is properly structured.

A gift annuity, charitable trust, pooled income fund, or other type of split interest gift can be complicated. Our experience with such gifts can help avoid common mistakes. Our thorough review of the plan prior to consummation helps ensure that the gift arrangement will fulfill the donor’s objectives and further assist your organization in closing a major planned gift.

Business papers with financial report and magnifying glass. Audit concept.

Gift Arrangement Tax Treatment

Each gift arrangement carries with it a unique form of tax treatment. In the case of a gift annuity, a portion of the gift’s income distribution is treated as ordinary income, and a portion is treated as return of principal. Additionally, the donor receives a tax deduction for the portion of the contract that is treated as a gift. A charitable trust is similar but is subject to a “four tier” definition of income.

Cornerstone’s administration team is familiar with the tax treatment of each vehicle, and our team generates the necessary forms to reflect the proper taxation of these vehicles to the donor. In each case, our team members support and bolster the efforts of the non-profit’s development staff. Our team is there to help address tax related questions, complete tax forms, and explain the various deduction calculations to the appropriate staff members or in some cases, directly to the donor.

Business papers with financial report and magnifying glass. Audit concept.

Gift Arrangement Tax Treatment

Each gift arrangement carries with it a unique form of tax treatment. In the case of a gift annuity, a portion of the gift’s income distribution is treated as ordinary income, and a portion is treated as return of principal. Additionally, the donor receives a tax deduction for the portion of the contract that is treated as a gift. A charitable trust is similar but is subject to a “four tier” definition of income.

Cornerstone’s administration team is familiar with the tax treatment of each vehicle, and our team generates the necessary forms to reflect the proper taxation of these vehicles to the donor. In each case, our team members support and bolster the efforts of the non-profit’s development staff. Our team is there to help address tax related questions, complete tax forms, and explain the various deduction calculations to the appropriate staff members or in some cases, directly to the donor.

The Best Estate Planning Consultants for Your Organization

Our team of professionals provides specialized gift training to non-profit staff members and other members of the planned gift consulting community. We work with other faith-based estate planning advisers to train non-profit teams on the various types of planned gifts and their taxation. We also assist in identifying various gift opportunities and prepare organizations to guide the donor through process of incorporating a planned gift into the donor's estate plan.

Business partnership coworkers using a tablet to analysis graph company financial budget report and cost work progress and planning for future in office room.
Business partnership coworkers using a tablet to analysis graph company financial budget report and cost work progress and planning for future in office room.

The Best Estate Planning Consultants for Your Organization

Our team of professionals provides specialized gift training to non-profit staff members and other members of the planned gift consulting community. We work with other faith-based estate planning advisers to train non-profit teams on the various types of planned gifts and their taxation. We also assist in identifying various gift opportunities and prepare organizations to guide the donor through process of incorporating a planned gift into the donor's estate plan.

Whatever your financial need, Cornerstone Management connects you with a team of professionals who will help your organization grow and thrive.