Life Income Gifts

Life Income Gifts

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Is a Life Income Gift right for you?

Life income gifts enable you, your beneficiary, or both to receive a guaranteed income stream for life and make a lasting gift to the Kingdom of God. There are a variety of gift options to help you meet your planning goals.

To create a life income gift, you make an irrevocable gift of cash, securities, real estate, or other property to the Mission. You typically receive a lifetime income stream in return. After your lifetime and/or the lifetime(s) of your designated beneficiaries, the remaining balance is used to support the Mission.

You  receive a charitable income tax deduction the year you make your gift.

Benefits Include:

  • Receive Regular Income - Receive regular income payments for life (or a term of years)
  • Immediate Tax Savings - Receive a charitable income tax deduction in the year you make the gift
  • Save on Estate Taxes - Reduce or perhaps eliminate federal estate taxes
  • Save on Capital Gains Taxes - Avoid or reduce your capital gains taxes if you fund your gift with an appreciated asset
  • Leave a Legacy - Your gift will have lasting impact in fulfilling the Mission’s mission 

To better understand life income gifts and how they may work for you, we recommend reviewing the following case studies:

  • Typical gift annuity "funded with cash"...(click here)
  • Gift annuities "funded with appreciated stock"...(click here)
  • Deferred gift annuity "providing retirement income"... (click here)
  • Charitable remainder trust "funded with real estate"... (click here)

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