Gifts that Return Income

List of 3 items.

• Charitable Gift Annuity

  In return for a charitable gift, Jackson Prep will make fixed payments to you and a maximum of one beneficiary for life. At the death of the last beneficiary, Jackson Prep will use the remaining balance of the annuity for the purpose specified when the gift was made by contractual arrangement.

• Charitable Remainder Trust

  Funded with cash, securities, or other assets, CRT’s are individually managed irrevocable trusts that pay you either a fixed percentage of trust income or a fixed dollar amount on an annual basis. They provide for and maintain two sets of beneficiaries—income beneficiaries (you and, if married, a spouse) and Jackson Prep, if selected, would receive the principal of the trust after the income beneficiaries pass away.

• Life Insurance

  An important but frequently overlooked role of life insurance is the one it can play in charitable gift planning. A gift of life insurance may directly fund a gift, permitting you to make a substantial gift to Jackson Prep (face value of policy) for a relatively modest annual outlay (the premium payment). You may contribute either a new policy or allocate a portion of an existing policy, naming Jackson Prep as a primary or contingent beneficiary.

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