An investment strategy typically used by wealthy investors whereby either property or cash is transferred into a pooled income fund. This fund is sponsored by the receiver, typically a charity, in return for giving the donor a guaranteed lifetime income. Although the donor receives the income, the charity or other recipient will assume full ownership of the assets upon the death of the donor or of the last named beneficiary.
Related information about life income plan:
- Life Income Plan Definition | Investopedia
A type of philanthropic strategy where cash or property is transferred into a pooled income fund sponsored by the receiving charity in return for a lifetime of ...
- Create a Life Income Plan
Jun 29, 2010 ... Create a Life Income Plan. Life Income Plans allow you to make a substantial gift to Dartmouth while still providing for your personal financial ...
- A Life Income Plan
A Life Income Plan. Selecting one of the Foundation's several Life Income Plans allows you to give a gift to support the church's work and still receive an income ...
- Life Income Plans | Jewish Community Federation and Endowment ...
A life income plan is a desirable way to benefit from a charitable tax saving, increase your income, and support the Jewish community all at the same time.
- A Gift of an Income Interest in a Charitable Life-Income Plan ...
May 13, 2011 ... Over the years, charitable life-income plans have grown in popularity as an effective means of making significant future gifts to the University ...
- CES, Inc. - Plan Design
Executive Life Income Plan (ELIP℠); Physicians Life Income Plan (PLIP℠). © 2012 CES, Inc. - All rights reserved. Plan Design | Advisor Services | Contact | Legal ...
- Lehigh University: Giving: Planned Giving: Income for Life: Life ...
This life income plan is a very simple arrangement between you and Lehigh guaranteeing a monthly payment of lifetime income at a fixed rate. Annunity ...
- Life Income Gifts | Friends General Conference
A life income plan with FGC allows you to make a gift to FGC and get income for yourself or loved ones from the assets. How do we do it? The proceeds from ...