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Benefits of a Charitable Gift Annuity

Benefits of a Charitable Gift Annuity

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by Roccy DeFrancesco, J.D.
Charitable gift annuity (CGA) has been used for may years as a vehicle to provide a means for individuals in higher income and estate tax brackets to transfer assets to an institution of their choice and derive considerable immediate and future benefits. This article discusses the basis and the steps involved in establishing such a plan.