Estate Planning

Making Your Planned Gift

With careful planning, you can make gifts for charitable purposes while also providing for your needs such as
retirement security, educational expenses, and other financial priorities.

We encourage you to discuss your gift with an advisor and your family. Those who assist you with your other
financial and estate planning can often be helpful in deciding how best to make a charitable gift.

The benefits of supporting OTC are simple; student, community and business demands are met and our
communities become better places to live. Your investment will continue to change many lives by creating
opportunities for our students. Please help us continue to meet those needs.

  Types of Legacy Gifts the OTC Foundation Accepts:

  • Charitable Remainder Trust                         
  • Gift Annuities
  • Bequest/Will
  • Life Insurance
  • Retirement Plan           

Selecting the Legacy Gift that is Right for You

Your Position Process  Your Benefit 
Bequest/Will Add OTC to your will.  Simplest form of a planned gift. Retain ultimate authority for distributing assets for life. Possible estate tax deduction. 
Charitable Gift Annuity  Contractual agreement between you and OTC through cash or securities. Fixed and guaranteed payment for life. Possible tax deduction. Possibility of two beneficiaries. 
Charitable Lead Trust  OTC receives income from Trust during lifetime or pre-established number of years. Beneficiary will receive remainder of trust at the end of term. Possible increase of inheritance available for your heirs. Minimal or free of estate and gift taxes. Possible reduction of capital gain tax on trust appreciation. 
Charitable Remainder Trust  Trust agreement is a legal document. Transfer of cash and/or assets to a trust to receive income.
Annuity Trust = Fixed amount of income.
Unitrust = Fixed percentage for a predetermined number of years or life. 
Create additional income for you/your beneficiary (ies). Possible income tax deduction and avoidance of capital gains tax. 
Life Insurance  Naming OTC as the owner and beneficiary of a new or no longer needed life insurance policy. Possible income tax deduction or your estate may be entitled to a deduction of full amount of the policy. 
Retirement Plans  Name OTC as the beneficiary of your IRA. Retain control of assets during your life. Avoid double taxation on your retirement plans. Income tax and estate taxes on such gift avoided at time of death. Possible income tax deduction.
Real Asset  Donate a vehicle, stock, savings bonds, etc. Possible income tax deduction.
Real Estate  Donate real estate.  Partial income tax deduction. 

Leaving a Legacy

More and more people are discovering the benefits of "Leaving a Legacy." You can play an important role at
Ozarks Technical Community College by establishing a perpetual endowment through the OTC Foundation
during your lifetime or with a gift from your estate.

It is the perfect way to be remembered, or to remember a loved one, while making a significant contribution to
the education of future generations who will live in our community. Leave your legacy today.

Legacy Investors