You may transfer property such as cash, securities or real estate to the management of a trustee and establish a life income arrangement.
After the lifetimes of the beneficiaries, the Saint Mary's entity you designate receives the assets in the trust.
Life income trusts may provide many benefits:
- An income tax charitable deduction
- Avoidance of capital gains
- Reduction in estate taxes
- Freedom from investment worries
- Income for life
Unitrusts, annuity trusts, pooled income funds and gift annuities are just some of the life income arrangements available.
Discuss donating life income with a member of our staff. You can contact us by email at paul.laxalt@chw.edu, by fax at (775) 770-3545 or by telephone at (775) 770-3519.
The information on this site is not intended as legal advice. For legal advice, please consult an attorney.
