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| Deferred, Irrevocable Life Income Gifts |
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| Deferred, Irrevocable Life Income Gifts Include: |
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Charitable Gift Annuity |
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Charitable Remainder Annuity Trust |
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Charitable Remainder Unitrust |
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| Charitable Gift Annuity |
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| Benefits to donor: |
| 1. |
Tax deduction for gift portion |
| 2. |
Portion of income is tax-free |
| 3. |
Reduced capital gains tax |
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| Income to donor: |
Fixed income based on initial value of annuity |
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| Taxation of income: |
Portion taxed as ordinary income. Portion also taxed as capital gain if appreciated property contributed. |
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| Choose if objective is: |
Stable rate of income |
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| Charitable Remainder Annuity Trust |
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| Benefits to donor: |
| 1. |
Tax deduction for SIUF’s remainder interest |
| 2. |
No initial capital gains tax |
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| Income to donor: |
Fixed income based on initial value of annuity |
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| Taxation of income: |
Ordinary income, capital gain possible |
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| Choose if objective is: |
Stable rate of income |
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| Charitable Remainder Unitrust |
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| Benefits to donor: |
| 1. |
Tax deduction for SIUF’s remainder interest |
| 2. |
No initial capital gains tax |
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| Income to donor: |
Variable income based on annual value of trust |
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| Taxation of income: |
Ordinary income, capital gain possible |
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| Choose if objective is: |
Income with potential for growth of income |
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