Did you realize that it is possible for you to make a gift that will serve to improve the lives of others while reserving income for yourself and/or your loved ones? In fact, you can choose from among several methods of making gifts to Orange County United Way that feature income for life or other period of time.

Many people who make use of these planned gifts find they can give more when they discover the benefits of tax savings, convenient asset management, and regular payments to them for life.

They also find that making significant gifts need not mean sacrificing their own or their loved ones’ financial security. In fact, giving for income can assist in meeting a number of goals by helping you:

• Increase income from low-yielding stocks or other assets.
• Make possible generous income payments to help cover expenses in pre-retirement years.
• Create a supplemental source of retirement income that is permanently set apart from other assets.
• Assure a protected income for your spouse or other loved ones who survive you.
• Arrange to provide funds to assist parents in later years, if desired.

Plan to cover educational or other expenses during a specified time for children or grandchildren.

Examples of planned gifts that provide you income and/or have tax benefits include:

• Charitable Lead Trusts
• Gift Annuities
• Donor Advised Funds
  

Below is a link to a printable brochure on Life Income Gift Plans, technically known as Charitable Remainder Annuity Trusts, Charitable Remainder Uni Trusts and Charitable Gift Annuities.  Additional detail on these three vehicles are found in subsequent sections on this website.  However, this brochure will explain the tax consequences of Life Income Gifts, which you may find helpful in choosing a charitable giving method that works best for you and your family.

Life Income Gift Plans