Charitable Gift Annuities
How It Works
 |
You transfer cash
or securities to Gilman. |
 |
Gilman
pays you, or up to two annuitants you name, fixed income for life. |
 |
The principal passes
to Gilman when the contract ends. |
Benefits
- You receive an immediate income tax deduction
for a portion of your gift.
- Your annuity payments are guaranteed for
life, backed by a reserve and the assets of Gilman.
- Your annuity payments are treated as part
ordinary income, part capital gains income (15%), and part tax-free income.
- You can have the satisfaction of making
a significant gift that benefits you now and Gilman
later.
More
To learn more about charitable gift annuities, Email us, complete the Information Request form, or call us at 410-323-7176 so that we can assist you.