Making a life income gift
You may make a life income gift to the University of North Florida University by irrevocably transferring securities, money or other property to a trustee. The trustee may be the university, a bank, another institution or yourself. The trustee manages the investment of the trust assets and pays an income to you, your designated beneficiaries, or both. The income payments continue for the beneficiary's life or, in some cases, for a term of up to 20 years. Thereafter, the remaining trust principal goes to the University of North Florida to support the educational program of your choosing ----- in your name or in the name of someone you wish to honor.
Tax and other advantages of life income gifts
Donors to the University of North Florida have the satisfaction of knowing that they are supporting the best in higher education. In addition, a life income gift offers added rewards:
Choosing how your life income gift will be used
As a life income gift donor, there are various options for your consideration.
Types of life income gifts
There are several principal types of life income gifts, giving you a range of choice in your investment and estate planning. One of them may be ideally suited to your particular circumstances. These gifts are described briefly below.
Charitable Remainder Unitrust (CRUT)
Deferred gift annuity
These are just a few examples of Life Income gifting methods.
For more information about the University of North Florida's life income gift plans, please contact Chris Decent- Assistant Vice President for Alumni Engagement and Annual Giving (904) 620-2130 or via e-mail email@example.com
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