Life income gifts 

Planned gifts allow you to retain some aspect of the asset or assets you use to make a gift, such as the right to receive income. There are many types of life income gifts, including charitable gift annuities, charitable lead trusts, and charitable remainder trusts. 

Once you transfer assets to the University—whether in the form of cash, securities, or other appreciated property—the University invests the proceeds from the sale of the assets and pays you, or designated beneficiaries, an income for life or for a specified term of years. Your financial and charitable objectives will determine the structure of your gift. Perhaps you prefer the certainty of fixed payments for life; perhaps income for a term of years will help you finance your child's college education.

Income-producing planned gifts can enhance your estate by enabling you to increase your income, diversify your holdings, reduce your taxes, and avoid the cost of probate. You can also be relieved of capital gains tax when appreciated property is used to fund gifts of this kind.

Please note: Information found on this page is intended to provide general information an is not intended as legal advice nor should be relied upon as such.
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