Life Income Gifts
Life Income Gifts
Is a Life Income Gift right for you?
Life income gifts enable you, your beneficiary, or both to receive a guaranteed income stream for life and make a lasting gift to the Kingdom of God. There are a variety of gift options to help you meet your planning goals.
To create a life income gift, you make an irrevocable gift of cash, securities, real estate, or other property to KSCE. You typically receive a lifetime income stream in return. After your lifetime and/or the lifetime(s) of your designated beneficiaries, the remaining balance is used to support KSCE.
You receive a charitable income tax deduction the year you make your gift.
Benefits Include:
- Receive Regular Income - Receive regular income payments for life (or a term of years)
- Immediate Tax Savings - Receive a charitable income tax deduction in the year you make the gift
- Save on Estate Taxes - Reduce or perhaps eliminate federal estate taxes
- Save on Capital Gains Taxes - Avoid or reduce your capital gains taxes if you fund your gift with an appreciated asset
- Leave a Legacy - Your gift will have lasting impact in fulfilling KSCE’s mission
To better understand life income gifts and how they may work for you, we recommend reviewing the following case studies:
- Typical gift annuity "funded with cash"...(click here)
- Gift annuities "funded with appreciated stock"...(click here)
- Deferred gift annuity "providing retirement income"... (click here)
- Charitable remainder trust "funded with real estate"... (click here)
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