Planned Giving – Ways to Plan Wisely

Special Announcements:

Join the historic Legacy Match Challenge! PDF icon Click here for more information

Gift Annuity Rates are increasing as of July 1, 2022. Contact us to find out the rate for your age

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Did you know that there are a variety of ways to achieve your financial goals, maximize the impact of your giving to Weill Cornell Medicine, and create your unique legacy to improve the future of medicine?

Tax-wise strategies that can protect your needs and enhance your gift’s impact

  • Future Gifts: Minimal cost, easy to arrange and allow full control of your assets during your lifetime. Gifts may be for a specific dollar amount, percentage, full or partial remainder of your assets.
    • Bequest in a Will or Revocable Trust: As simple as adding a sentence or codicil.
    • Beneficiary Designations: Fill out a beneficiary form for your retirement, donor-advised funds, financial accounts or life insurance policy.
    • Sample Language for your attorney/administrator for your revocable will or beneficiary designation for much-needed unrestricted support. To restrict your designation or personalize your gift, simply contact us and we will help you and your advisors with the language.
      Cornell University, in Ithaca, NY, for the benefit of its Weill Cornell Medical College in New York, NY.” Our tax ID is #15-0532082.
  • Gifts that Provide Tax and Payment Benefits in Return
    • Charitable Gift Annuity (CGA): Provides you or loved ones immediate fixed annuity payments, based on age of annuitant(s) when established. Call for our latest rates.
    • Charitable Remainder Trust: Provides you or loved ones fixed rate or variable rate payments, with greater flexibility than a CGA.
    • Charitable Lead Trust (CLT): Provides fixed annual payments to Weill Cornell Medicine and tax savings for the donor or heirs.

Flexible assets that make giving easier

  • Appreciated Securities: Gifts of marketable securities held for more than one year are for the full fair market value and allow you to eliminate capital gains tax.
  • Qualified Charitable Distributions (QCDs) from Retirement Accounts: If you are 70 ½ or older, you can make a tax-wise qualified charitable distribution from your IRA of up to $100,000 per person ($200,000 per couple) to Weill Cornell Medicine.
  • Donor-Advised Funds (DAFs): Ongoing grants can be made from your DAF to Weill Cornell Medicine, or from DAFs funded in prior years. Establishing a DAF can provide a charitable deduction.
  • Real Estate, Bargain Sale, Retained Life Estate: You can contribute the entire asset, or donate it and continue to live in the property.
  • Other AssetsArt, personal collections, private or corporate stock, cryptocurrencies or royalties may be an option.

The Lewis Atterbury Stimson Society – Join Us!

The Stimson Society honors a distinguished community of alumni, faculty, friends, patients and staff who have included Weill Cornell Medicine as a beneficiary in their financial or estate plans. Members are invited to special events, including our Plan Well, Live Well webinars, and receive our Philanthropist newsletter. If you have included Weill Cornell Medicine in your plans, please let us know so we may honor your generosity.

We Can Help

To learn more, or to request a personalized, obligation-free gift illustration, please contact:

Lisa Lager, Director of Planned Giving
(646) 962-9567 or 
plannedgiving@med.cornell.edu

This is general information on tax and financial planning for our friends and supporters. Please consult your attorney or other advisor as to the applicability of any option to your personal situation.

Stay Connected, Stay Informed


Plan Well, Live Well Webinars – Join us for these free educational webinars that offer valuable perspectives from experts on personal, financial and estate planning. You will hear how to build a more stable financial future, supplement retirement income, provide more for heirs and enhance the impact of your giving.

Upcoming Webinars


Contact us to register at 646-962-9567 or plannedgiving@med.cornell.edu

All webinars will be from 11:00 a.m. to 12:00 p.m. ET (details to follow)

Upcoming Webinars

Tuesday

July

19

Financial Planning: Mistakes to Avoid and Steps to Succeed

Kim Isaacs Katz, a financial advisor and member of the Weill Cornell Professional Advisory Council, and Elizabeth Sohmer, a certified financial planner, will share key steps to increase your financial wellness.



Tuesday

Sep

20

Retirement Planning Strategies

Two members of the Weill Cornell Medicine Professional Advisory Council – Jacques E. Boubli, CFP, investment advisor and Certified Financial Planner, and Avery Neumark, CPA, JB, LLM, attorney and accountant – will explain flexible options to supplement retirement income, preserve wealth for heirs and save taxes.


Tuesday

Nov

15

Estate Planning Strategies

Lisa Newfield, Esq., an estate planning expert and member of the Weill Cornell Professional Advisory Council, will share key steps to plan for a secure future.



Past Webinars

Tuesday

May

24

Essential Estate Planning Strategies: Key Steps to Provide More for Heirs While Creating Your Unique Legacy

Financial advisor Kim Isaacs Katz and her colleague, estate planning attorney Jennifer B. Goode, shared key steps you can take today to increase your estate and financial planning wellness.


Tuesday

March

8

2022 Tax-Smart Financial Planning Update

Two members of the Weill Cornell Professional Advisory Council – Jacques E. Boubli, CFP, investment advisor and Certified Financial Planner, and Avery Neumark, CPA, JB, LLM, attorney and accountant – explained current and pending tax law changes that may impact your financial planning. They shared how charitable giving strategies may help you preserve wealth for your heirs, supplement retirement income and save taxes.

Tuesday

Dec

7

How to Make the Most of Year-End Charitable Giving for 2021

Two members of the Weill Cornell Professional Advisory Council, Jacques E. Boubli, CFP, investment advisor and Certified Financial Planner, and Avery Neumark, CPA, JB, LLM, attorney and accountant, explained pending tax law changes that may impact your financial planning. They shared how charitable giving strategies may help you preserve wealth for your heirs, supplement retirement income, and save taxes.

Tuesday

Oct

12

Creative Strategies to Pass Your Wealth to Your Heirs - What you need to know about new tax proposals

Martin M. Shenkman, CPA, MBA, PFS, AEP, JD, an estate planning attorney and member of the Weill Cornell Medicine Professional Advisory Council, provided an update on economic and pending tax law policy changes and how they may impact your estate and financial planning.


Tuesday

July

13

Special Edition - Financial and Estate Planning Issues for Women

11:00 a.m. - 12:00 p.m. ET
Kim Isaacs Katz, a financial advisor and member of the Weill Cornell Professional Advisory Council, and Tara Thompson Popernik, a certified financial planner, shares key steps you can take to increase your financial wellness.


Tuesday

May

25

Planning Wisely: Strategies to Secure the Future for Yourself, Your Family and Your Favorite Causes

Two members of the Weill Cornell Professional Advisory Council, Jacques E. Boubli, investment advisor and CFP, and Avery Neumark, CPA, JB, LLM, attorney and accountant, explain the new tax law changes and how they may impact current and future personal planning, so you can plan well and live well, and maximize the impact of your philanthropy.


Tuesday

March

9

Essential Planning Strategies 2021 Update – What You Need to Know

Martin M. Shenkman, CPA, MBA, PFS, AEP, JD, an estate planning attorney and member of the Weill Cornell Medicine Professional Advisory Council, provides an update on economic and tax law policy changes and how they may impact your estate and financial planning.


Tuesday

Jan

26

Understanding Market Opportunities and Risks During Unusual Economic Times

Kim Isaacs Katz, a financial advisor and member of the Weill Cornell Medicine Professional Advisory Council, and Roosevelt D. Bowman, an investment strategist, share key steps you can take today to plan well and live well.


Tuesday

Oct

13

Important 2020 Tax Law Changes and Year-End Planning Opportunities: What You Need to Know

Two members of the Weill Cornell Medicine Professional Advisory Council – investment advisor and financial planner Jacques E. Boubli, CFP and attorney and accountant Avery E. Neumark, CPA, JD, LLM – explain how to navigate the new tax laws (the SECURE Act and CARES Act), supplement retirement income, provide more for heirs and create a lasting legacy.


Tuesday

Sept

15

Planning Wisely for Yourself, Your Family and Your Favorite Causes

Jill Miller, Esq., an estate planning attorney and member of the Weill Cornell Medicine Professional Advisory Council, shares key steps you can take today to plan for a more secure future.



Planned Giving Office

(646) 962-9567 or plannedgiving@med.cornell.edu

Philanthropist newsletters – Library of past issues

Anyone can be a philanthropist! Get fresh planning insights and read how many friends, alumni, faculty and staff have created meaningful future gifts for Weill Cornell Medicine. Click the links below to download.

PDF icon Philanthropist Spring 2022

PDF icon Philanthropist Fall 2020

PDF icon Philanthropist Spring 2020

PDF icon Philanthropist Fall 2019

PDF icon Philanthropist Spring 2019

PDF icon Philanthropist Fall 2018

PDF icon Philanthropist Spring 2018

PDF icon Philanthropist Fall 2017

PDF icon Philanthropist Spring 2017

 Philanthropist Fall 2016

 Philanthropist Fall 2015

 Philanthropist Fall 2014