The Planning Need
In these uncertain financial times, the Middlebury Charitable Gift Annuity offers you the certainty of a fixed income, paid quarterly, that will never fluctuate, for the rest of your life...best for those ages 60+ desiring fixed income.
The Solution
A Middlebury Charitable Gift Annuity is an effective and predictable arrangement that converts an erratic, uneven income source into a steady stream of income payments to you for the rest of your life. Your fixed dollar payments will bring an element of comfort and certainty to your financial life right now.
The Charitable Gift Annuity offers a range of benefits:
- The comfort of knowing that you will receive a check in the mail every three months for the rest of your life and that the dollar amount of that check will never vary
- Favorable capital gains tax treatment when you fund the annuity with appreciated stock
- Receive an income tax deduction for a portion of the gift
- Usually, some of the annuity income is tax free
The Charitable Gift Annuity attributes:
- Absolutely certain quarterly income starting immediately
- Lifetime income for 1 or 2 beneficiaries
- Income tax charitable deduction for a portion of the gift and favorable capital gains treatment
- $10,000 minimum
For more information about this or other gift planning oppportunities, please contact us.
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