Horatio Society Giving Methods

The following are suggested methods of giving to The Horatio Society. Please discuss with your financial advisor what method is right for you.

Include APT in Your Will

A bequest in your will allows you to support American Players Theatre while retaining complete control of your assets during your lifetime. Bequests can be a specific dollar amount, a percentage of your estate or what remains after other bequests - such as those to family members - are satisfied. If you already have a will and would like to add a bequest for the benefit of American Players Theatre, a codicil or amendment consisting of a simple sentence or paragraph may be the most appropriate way to do so.

Even an individual with a small estate can arrange to leave a charitable bequest. Designating a specific amount or a percentage of your estate as a gift to American Players Theatre will have lasting impact on our work and reduce your taxable estate for federal tax purposes. APT's development staff is available to assist you and your advisors in crafting a bequest that reflects you and your interests.

Designate APT as a Beneficiary of Your Life Insurance Policy

Life insurance is one of the easiest ways to create an everlasting charitable gift. You can do this in two ways: First, if the policy premiums are complete, American Players Theatre can be named as beneficiary. Second, if premium payments are needed, you can begin by irrevocably assigning your insurance policy to APT. The Theatre is named beneficiary of the policy. You can make annual tax-deductible contributions to APT to cover the policy's annual premium. When the policy is paid up, you will receive an immediate tax deduction in an amount equal to the policy's cash surrender value.

Give from Your Retirement Plan Assets

For a growing number of people, their largest single asset is their retirement plan assets (as part of an Individual Retirement Account (IRA), 401(k) or 403(b)). However, leaving these assets for your heirs may create unfavorable tax consequences for them. An alternative is to name American Players Theatre as beneficiary of your retirement assets and complete a Legacy Letter of Understanding outlining your desires for its use.

Other Options

There are many additional options available to help you fulfill your philanthropic wishes and financial goals including Charitable Remainder Trusts, Charitable lead Trusts and Gift Annuities, among others.