The information on this website is not intended as financial, legal, or tax advice. For such advice, please consult your accountant, attorney, or financial planner for professional advice and counsel. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.
Planned Giving: Charitable Gift Annuities
If you’re currently drawing income or plan to do so, a Charitable Gift Annuity (CGA) or Charitable Remainder Trust (CRT) is a wise, powerful, and proven way to receive income during your lifetime in a tax-advantaged way, while providing for the future of African orphans.
Generally speaking, with a CGA or CRT, you use cash or marketable securities to make an irrevocable donation. In return, you receive payments for the remainder of your life or the life of you and another person, while receiving a current tax-deduction for the expected value of your future gift. After your passing, this gift supports orphaned children throughout Africa.
These financial instruments can be complex, please check with your financial planner or estate planning attorney to discuss which option might be best for you and your circumstances.