Gift Planning at Yale

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "//www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="//www.w3.org/1999/xhtml"> <head> <title> Gift Planning at Yale </title> <meta http-equiv="Content-Type" content="text/html; charset=UTF-8" /> <meta name="keywords" content="planned giving, gift planning, donations, charitable bargain sale, income tax deduction" /> <meta name="description" content="Give an asset that may help us more than it is helping you, such as a life insurance policy whose coverage your family no longer needs, or real estate such as a second home or a parcel of undeveloped land, or even a collection of books or artwork" /> <link href="css/anylink.css" type="text/css" rel="stylesheet" /> <link href="css/base.css" type="text/css" rel="stylesheet" /> <script src="js/toolbar.js" type="text/javascript"></script> <style type="text/css"> #vgnext { display: none; } #vgitgfy { display: none !important; } #vghowworks { width: 100%; } #vgbenefits { width: 100% } #giftdiag { float: left; margin-bottom: 20px; } #giftlogo { display: none; } .giftdiagram { float: left; } #charter td { padding: 7px; } .vgslide { display: none; } .vgcalclink { display: none !important; } .giftbullets { margin-right: 7px; float: left; clear: left; margin-bottom: 15px; } #vgrelatedlinks { display: none; } .subtext { clear: none !Important; } #vghowworks h2 { margin-top: 0px; } </style> <link href="css/twoColElsRtHdr.css" rel="stylesheet" type="text/css" />  <style type="text/css">  </style> </head> <body class="twoColElsRtHdr" > <div id="container"> <div id="header"> <h1>Giving to Yale</h1>  </div> <div id="sidebar1"> <h3>Related Links</h3> <p><a href="GIFTdeferredg.php">Gift Illustration</a></p> <p><a href="GIFTdeferredg2.php">Complete Gift Description</a></p> <p><a href="GIFTdeferredg3.php">Is This Gift Right For You?</a></p> <p><a href="dgaEX.php">Gift Example</a></p> <div class="vgcalclink"> <p><a href="calc-dga.php">Calculate Your Benefits</a></p> </div> <p><a href="GIFTdeferredg-faq.php">Frequently Asked Questions</a></p> <p><a href="mailto:development.plannedgiving@yale.edu">Contact Us</a></p> <div id="close"> <p> </p> <p><a href="javascript: self.close()" class="style1">Close Window</a><br /> <br /> </p> <div align="right" style="margin-bottom:5px; padding-left:10px; padding-top:7px; text-align:left;"> <a href="javascript:ts('body',1)"><img src="images/toolbar-inc.gif" style="margin-bottom:10px;" border="0" /></a> <a href="javascript:ts('body',-1)"><img src="images/toolbar-dec.gif" style="margin-bottom:10px;" border="0" /></a> <br /> <a href="?id=print" target="_blank"><img src="images/toolbar-print.gif" style="margin-right:20px;" border="0" /></a> <a href="javascript:mailpage();"><img src="images/toolbar-send.gif" border="0" /></a> </div>  </div> </div> <div id="mainContent"> <h1>Deferred Gift Annuity: FAQs</h1> <div id="vgsubqa"> <p><a href="javascript:swapLayers('slide1')"><img class="openhide" src="gift/open.gif" border="0" alt="" />How can this gift enhance my retirement savings?</a></p> <div id="slide1" style="display: none"> <p>A Deferred Gift Annuity provides lifetime annuity payments commencing at a future date.  Because of this deferral, payments from deferred gift annuities are higher than from annuities whose payments begin immediately, and donors usually receive a larger charitable deduction than they would for an immediate-payment annuity.  Many donors use deferred gift annuities as a source of supplemental retirement income.  They often create their annuity with funds they had already set aside for retirement saving, and set their anticipated retirement as the date to begin receiving payments.  An attractive option is to establish a series of deferred gift annuities over several years, all scheduled to begin payments upon the donor's retirement.</p> </div> <p><a href="javascript:swapLayers('slide2')"><img class="openhide" src="gift/open.gif" border="0" alt="" />May I choose the start date for my annuity payments?</a></p> <div id="slide2" style="display: none"> <p>Yes, you may. Choose whatever date makes sense to you. And remember this: the longer you wait, the larger your payments will be.</p> </div> <p><a href="javascript:swapLayers('slide3')"><img class="openhide" src="gift/open.gif" border="0" alt="" />Is it better to use gifts of cash or stock for my deferred gift annuity?</a></p> <div id="slide3" style="display: none"> <p>One is not necessarily better than the other. Both have distinct advantages. A gift of cash will produce a larger tax-free portion of the annuity. A gift of stock will reduce the donor’s capital gain tax and produce income that will likely be at a lower tax rate. Both assets produce an equal annuity rate and charitable income tax deduction.</p> </div> <p><a href="javascript:swapLayers('slide4')"><img class="openhide" src="images/open.gif" border="0" alt="" />Can I include my children as income beneficiaries of my gift annuity?</a></p><div id="slide4" class="vgslide"><p> A charitable gift annuity can only be set up for one or two lives. This is typically a husband and wife, but it could be two siblings, or two friends, etc. For more flexible beneficiary choices, you could consider a <a href="GIFTcharitg.php">charitable annuity trust</a> or a <a href="GIFTcharituni.php">charitable unitrust</a>. </p></div> <div id="vgnext"> <h2>Next</h2> <ul> <li><a href="GIFTdeferredg2.php" title="More detail">More detail</a> on gifts of stock and deferred gift annuity.</li> <li><a href="mailto:development.plannedgiving@yale.edu">Contact us</a> so we can assist you through every step.</li> </ul> </div> <br /><br /><br /> <br /> </div> <div id="footer"> <h5>Yale University Office of Planned Giving</h5> <p>PO Box 2038, New Haven, CT 06521 | 800.445.6086 | <a href="mailto:development.plannedgiving@yale.edu">Email us </a></p> </div> </div> </body> </html>  </body></html>

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Gift Planning at Yale