Pooled Income Fund
Assets are transferred to a charity irrevocably and are “pooled" with the assets of other investors.
Each donor receives a pro-rata share of the fund’s net income for the life of the donor. The charity receives the remainder upon the donor’s passing. The income tax deduction is equal to the present value of the charity’s remainder interest. Since the charity wants to preserve its remainder, it will typically make conservative investments.
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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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