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Help Life-Income Donors Contribute Their Annuity Payments to Charity

Christopher P. Woehrle discusses how a life-income donor can contribute the right to their annuity payments in full to charity.

As noted in my December 2020 column, commuting a charitable lead trust (CLT) is an effective way to accelerate the good to be done by charity. A similar opportunity exists for life-income donors. By contributing the right to their annuity payments in full to charity, the remainder interest to charity is accelerated. Donors now will enjoy seeing their philanthropic intentions at work while alive.

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TAGS: Philanthropy
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