Life Income Plans

A life income plan may be the perfect way for you to make a gift while providing an income for yourself or others. The ACLU Foundation offers a number of life income plans, one of which may suit your personal and financial objectives. While the details vary, these plans all offer the following benefits:

• Payments to you and/or another beneficiary for life or a term of years
• An immediate federal income tax charitable deduction
• Potential increase in income
• Reduction or possible avoidance of capital gains tax on appreciated property
• Potential reduction of your taxable estate
• The satisfaction of helping to secure individual liberties for future generations

Some of the most popular Life Income Plans are:

Charitable Remainder Trusts:  Through this arrangement , you would irrevocably transfer cash, securities, or other property to a trust, managed by a trustee of your choice, to generate income for you or another beneficiary for a set number of years or for life.  When the specified time of payments ends, the trustee pays the remaining principal in the trust to the ACLU Foundation.

Pooled Income Fund: Contributions to the ACLU Foundation's Liberty Fund are pooled together and invested to generate income for Fund participants. Your gift will allow you to receive variable quarterly payments for life.

If you have any questions or would like a detailed proposal please contact us.