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Gifts That Pay You Income

A gift to California Science Center that returns payments to you? Yes the IRS allows and encourages these creative plans that can stretch your giving ability.

Here’s how they work:

Your gift to California Science Center goes into an account that pays income to you and/or other beneficiaries for life. When there are no remaining beneficiaries, the balance in the gift account is paid over to us for the purposes that you specified when you set up your gift.

The benefits?

  • An additional source of lifetime income for you, your spouse or other significant persons.
  • A potential increase in the income you are currently receiving from your investments.
  • An immediate tax deduction for a portion of your gift.
  • No capital gains tax due at the transfer of appreciated assets to your gift plan.

What life-income gift best fits your needs?

Annuity Trust
You want the flexibility to invest and manage your gift plan, and also the security of stable income. Learn more about an Annuity Trust.

Unitrust
You want maximum flexibility over the investment and benefits of your gift plan. Learn more about a Unitrust.




The material presented on this website is not offered as legal or tax advice.
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