Life Income Gifts
annuities & charitable trusts
For those who would like to contribute assets to the university while
retaining the income those assets generate, Lawrence offers a variety of
life-income gift options. In exchange for an irrevocable transfer of
funds or property to the college, a donor may retain an attractive
income for his or her lifetime - and for that of a loved one if
desired.
Charitable Gift Annuities
This gift of cash or other assets pays a fixed percentage of its value
as lifetime income to the donor. The gift guarantees a fixed annual
income, as well as an immediate tax deduction on the gift.
Click here
for details.
Charitable Remainder Trusts
The trust, funded with cash or other assets, pays a fixed annual income
(annuity trust) or annual percentage payout of the value of the trust
assets (unitrust). Upon maturity, the trust assets revert to Lawrence. A
tax deduction is immediate, based on rate of return and the projected
life expectancy of the beneficiary. The trust is not subject to probate
or estate taxes.
Click here for details.
Life income gifts are one way to become a member of the
Legacy Circle.
