A charitable gift annuity also offers benefits to the donor as well as to a designated charity. As the donor, you would make a one-time gift of cash or securities (though some states allow gifts of property or closely held stock as well) to a charity. In return, the charity will provide you with annuity payments for life from the charity. You determine when the annuity payments begin.
Topics covered in this report include:
- The Gift and Estate Tax
- Tax Benefits of Gifting
- Direct Gift
- Family Foundation
- Charitable Remainder Trust (CRT)
- Charitable Lead Trust (CLT)
- Charitable Gift Annuity
- Donor Advised Funds
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Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
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