You may be looking for a way to support creativity and the arts in Dayton. If so, consider a bequest – a gift made through your will or trust – which is among the most popular ways to give back. More »
A beneficiary designation gift is a simple and affordable way to make a gift to support Victoria Theatre Association. You can designate our organization as a beneficiary of a retirement, investment or bank account, or your life insurance policy. More »
There are many combination gift options that can make your giving go farther than a simple gift of cash or property. More »
to ensure the performing arts and the venues that house them continue to thrive in the Miami Valley for generations to come.
You may be looking for a way to provide your children with income while making a gift to Victoria Theatre Association. The "give it twice" trust is a popular option that allows you to transfer your IRA or other asset at death to fund a term of years charitable remainder unitrust. We call this kind of unitrust a give it twice trust because you can use the trust to pay income first to your family for a number of years and then distribute the balance of the trust to charity.
If you have any questions about a give it twice trust, please contact us. We would be happy to assist you and answer any questions you might have.
Provides Tax Savings – The give it twice trust produces income and estate tax savings.
Promotes Fairness – The give it twice trust establishes a mechanism that will help you treat each of your children equally. This can help promote peace in your family.
Teaches Your Children – Give children income rather than a lump sum. Studies of inherited wealth have concluded that many children spend lump sum inheritances, whereas they learn to be more responsible with inheritances paid out over time.