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Monday, September 6, 2010
Weekly Article
April - Week 3 - 2009
Setting New Goals
Weekly ArticleJack and Linda's house is immaculate and spotless in every way except for one wall in the kitchen. It has marks on it that are part of an important pledge. For years, Jack has promised his grandson they would ride the big wooden roller coaster together as soon as the grandson met the height requirement of 46 inches.

When the boy was a toddler, Jack measured him at 46 inches on the kitchen wall and Jack tacked two tickets at exactly that height. Since then, with every visit, Jack has measured the boy's height and added a new mark to the kitchen wall showing the boy inching toward the roller coaster prize.

For Jack, making goals and moving toward them is nothing new. In fact, just beside the "grandson wall" is a drawer with important papers in it. Among them is Jack's deferred charitable gift annuity. Just as the grandson can see the roller coaster tickets and know they are just beyond the horizon, Jack is looking forward to the day when his deferred gift annuity springs into action.

Jack funded the deferred gift annuity a few years ago. In exchange for a gift to his favorite nonprofit, he will receive fixed payments every three months for life. He chose to begin the payments five years after making the gift. In addition to the payments, which are at attractive rates based on his age, he received a handsome income tax deduction.

If you want to learn more about the attractive payment rates, income tax deduction and capital gains benefits, then click on the links on this website or call us for more details. After a lifetime of payments to you, any funds remaining in the gift annuity will go directly to our mission.
PREVIOUS ARTICLES
April - Week 2 - 2009 - A Legacy That Will Last
April - Week 1 - 2009 - Saving Money the Easy Way
March - Week 5 - 2009 - A Gift that Keeps Coming Back
March - Week 4 - 2009 - Leave a Legacy in Your Name
March - Week 3 - 2009 - Saving for the Future


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