Other Ways to Give

IRA
One of the simplest ways to provide for the Ann Arbor Symphony Orchestra is to name the Ann Arbor Symphony Orchestra as a beneficiary of your retirement plan, IRA or other pension plan. By naming the Ann Arbor Symphony Orchestra as the beneficiary of a retirement plan that could be highly taxed, you can preserve other assets in your estate that carry lower tax liabilities for your heirs.

Home (Retained Life Estate)
Give your primary residence, vacation home or farm, but continue to use them during your lifetime. By giving the property now, you can claim a tax deduction for part of the property’s value (based on your age and the value of the property) and continue to livein or use it just as before, and continue to be responsible for property taxes and maintenance. After your lifetime, the property comes directly to the Ann Arbor Symphony Orchestra, avoiding probate.

Life Insurance Policies
The best way to give life insurance is to purchase a new policy naming the Ann Arbor Symphony Orchestra as owner and beneficiary. The premiums that you pay on the policy are tax deductible. You may also designate the Ann Arbor Symphony Orchestra as the owner and beneficiary of an existing policy and receive a tax deductation for either the replacement value or cash surrender value of the policy, as well as for any premiums that you continue to pay. You may also name the Ann Arbor Symphony Orchestra as the beneficiary of your policy without giving up ownership.

A²SO Advisory Panel
The Ann Arbor Symphony Orchestra has assembled an advisory team of trust officers, attorneys and financial planners who are volunteering to the A²SO their professional help to work with you and your financial and legal advisors to assist you in giving expression to your love of the Ann Arbor Symphony Orchestra’s music and education programs.