You transfer cash, securities, real estate or other appreciated property to a trust.
The trust pays you or other beneficiaries you name the net income only until a specified time when it “flips” and begins to pay a percentage of the assets re-valued annually.
The principal passes to ECS when the trust ends.
Benefits
You can structure the trust to “flip” when you retire or when an illiquid asset, such as real estate or closely-held stock, is sold by the trust. This gives you control over when the income stream begins.
You receive an immediate income tax deduction for a portion of your contribution to the trust.
You pay no capital gains tax on appreciated assets you donate to the trust.
You can have the satisfaction of making a significant gift now that benefits both you and ECS later.
If you are considering a deferred gift annuity, email us, complete the personal illustration form, or call us at (215)351-1460 so that we can assist you through every step of the process.
