San Jose California Anualidad de regalo caritativo - Charitable Gift Annuity

• Category: Regalos - Donaciones - Beneficencia
• State: Multi-State
• City: San Jose
• Control #: US-1340742BG
• Format: Word

Description

A charitable gift annuity is a gift vehicle that falls in the category of planned giving. It involves a contract between a donor and a charity, whereby the donor transfers cash or property to the charity in exchange for a partial tax deduction and a lifetime stream of annual income from the charity. A San Jose California Charitable Gift Annuity is a philanthropic tool that allows individuals to make a generous contribution to a charitable organization in exchange for fixed income payments for life. This charitable giving option offers residents of San Jose and the surrounding areas an opportunity to support their favorite causes while receiving financial benefits. Key Benefits: 1. Tax Advantages: By transferring assets to a charitable organization, donors can potentially benefit from a charitable tax deduction. San Jose residents can save on federal income taxes, as well as California state income taxes. 2. Guaranteed Fixed Income: One of the main advantages of a Charitable Gift Annuity is that it offers donors a fixed stream of income for their lifetime, regardless of market fluctuations. This predictable income can be especially valuable during retirement. 3. Philanthropic Impact: By establishing a Charitable Gift Annuity in San Jose, individuals have the ability to support local organizations, causes, and institutions that they care deeply about. This helps create a lasting and positive impact within the community. Types of San Jose California Charitable Gift Annuities: 1. Single-Life Gift Annuity: This type of annuity is designed for an individual donor, providing a fixed income for their lifetime. 2. Joint-Life Gift Annuity: This annuity option is suitable for couples, ensuring a fixed income for both individuals as long as one of them is alive. 3. Deferred Gift Annuity: With a deferred gift annuity, donors can choose to delay income payments to a future date, such as retirement. This enables them to receive a higher income later while still enjoying the tax benefits right away. 4. Flexible Gift Annuity: Donors have the option to create a customized annuity that aligns with their specific philanthropic and financial goals. This can include tailoring the income payment schedule or designating multiple charitable beneficiaries. In summary, a San Jose California Charitable Gift Annuity allows residents to make a difference in the community by supporting charitable organizations while receiving fixed income payments. With various types of annuities available, individuals can choose a structure that suits their personal circumstances and philanthropic preferences.

A San Jose California Charitable Gift Annuity is a philanthropic tool that allows individuals to make a generous contribution to a charitable organization in exchange for fixed income payments for life. This charitable giving option offers residents of San Jose and the surrounding areas an opportunity to support their favorite causes while receiving financial benefits. Key Benefits: 1. Tax Advantages: By transferring assets to a charitable organization, donors can potentially benefit from a charitable tax deduction. San Jose residents can save on federal income taxes, as well as California state income taxes. 2. Guaranteed Fixed Income: One of the main advantages of a Charitable Gift Annuity is that it offers donors a fixed stream of income for their lifetime, regardless of market fluctuations. This predictable income can be especially valuable during retirement. 3. Philanthropic Impact: By establishing a Charitable Gift Annuity in San Jose, individuals have the ability to support local organizations, causes, and institutions that they care deeply about. This helps create a lasting and positive impact within the community. Types of San Jose California Charitable Gift Annuities: 1. Single-Life Gift Annuity: This type of annuity is designed for an individual donor, providing a fixed income for their lifetime. 2. Joint-Life Gift Annuity: This annuity option is suitable for couples, ensuring a fixed income for both individuals as long as one of them is alive. 3. Deferred Gift Annuity: With a deferred gift annuity, donors can choose to delay income payments to a future date, such as retirement. This enables them to receive a higher income later while still enjoying the tax benefits right away. 4. Flexible Gift Annuity: Donors have the option to create a customized annuity that aligns with their specific philanthropic and financial goals. This can include tailoring the income payment schedule or designating multiple charitable beneficiaries. In summary, a San Jose California Charitable Gift Annuity allows residents to make a difference in the community by supporting charitable organizations while receiving fixed income payments. With various types of annuities available, individuals can choose a structure that suits their personal circumstances and philanthropic preferences.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.