Gifts That Pay You Income
Life income gifts allow you to GIVE for Kingdom impact and RECEIVE income for life!
Establish a life income gift by gifting cash or property in support of World Help. In exchange, you’ll receive an immediate tax deduction and then ongoing payments for life for you and your loved ones. Life income gifts are wonderful solutions for Christians who wish to give in a substantial way, but are concerned about having enough retirement income.
Benefits of a Life Income Gift
- Win-win. Support World Help while securing income payments for life or a designated number of years.
- Eliminate Hassles. Give assets you no longer need or care to manage (such as rental property or vacation homes) to benefit God’s Kingdom.
- Tax-wise. Receive an immediate tax deduction at the time of your gift and reduce capital gains tax when funding your gift with appreciated assets.
Learn more:
Two of the most common types of life income gifts…
Charitable Gift Annuity
Establish a CGA by gifting cash, stock, or other appreciated assets. In exchange, you’ll receive an immediate tax deduction and then fixed payments for life for you and your loved ones.
Charitable Remainder Trust
Generally funded with larger gifts than CGAs, you can establish a CRT through gifts of real estate, business interests, cash, or other non-cash assets. CRTs provide more flexibility than CGAs on payment amount, beneficiaries and terms of the income interest. Like CGAs, the remaining assets are distributed to World Help upon termination of the trust.
The Right Fit For You
Which life income opportunity is the best option for you? The answer depends on several factors, including the type and size of your gift, as well as your personal situation and charitable goals. The best way to determine the right opportunity for you is in conversation with a trusted planner who fully understands the giving options and can help you identify the best solution for you.
Trusted Planning Support
Through our partnership with Barnabas Foundation, you have complimentary access to trusted planning support, all from a Christian perspective.
A Barnabas Foundation planner will help you…
- Determine the assets that are most cost-effective for you to give.
- Understand the giving options available to you, in a way that is clear and easy to understand.
- Ensure your plans reflect your family and charitable goals.
They’ll answer your questions with the utmost integrity and confidentiality, and they’ll help you make important God-honoring decisions in an atmosphere of complete confidence and trust.
Disclaimer: This information is not intended as tax, legal, or financial advice. Gift results may vary. Consult your financial advisor and legal counsel for information and advice specific to your situation.