You may wish to make a significant gift to United Way, but you need the income produced by the assets to provide for your own or another person's financial needs. You can achieve both objectives through a life income gift. With a life income gift, you could increase your income, receive an income tax charitable deduction for a portion of your gift, eliminate capital gains taxes if you make your gift with appreciated securities, and also reduce estate taxes.
You can make a life income gift through a contribution by creating a Charitable Remainder Trust.
For more information, please contact Eric Harrison at 707.528.4485 x112.
