Deferred Gift Annuity
Similar to CGA of the preceding paragraph as to making of the gift and the income tax deduction, except the income payments start at some predetermined future date. This results into compounding between the date of the gift and the date of the payment. Therefore, the amount can be greater than the standard CGA. Deferring the income to the donor increases the tax deduction.
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We take pride in providing personalized legal services for your individual or business needs. Our practice includes: business start up and funding, business buying and selling, business succession planning, business reorganization, estate planning, power of attorney, end of life decisions, lawsuit protection and debt settlement or consolidation. We are also intellectual property attorneys with experience in electrical, software, mechanical and biotech technologies.
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