Charitable Remainder Annuity Trust
You wish to secure a fixed and often increased income while providing a substantial gift to Hilbert College after your lifetime.
How to Make the Gift:
You would need to create a charitable trust or a charitable gift annuity* that pays you a fixed income annually. Upon your demise, the trust or annuity will transfer over to Hilbert College.
You will receive an immediate income tax deduction and a fixed income for life, often at a higher rate of return. You also can designate what purpose(s) the gift shall be designated towards including naming rates if applicable.
*Not available in some states