Making a Gift that Provides Income
Through a life-income gift, you can make a gift to Cottage Health System and, in return, you (and / or another person) will receive annual payments of a fixed amount of money for the rest of your life. Some of the payments will be tax-free. You may realize additional tax savings when you contribute appreciated property or defer payments for more than one year.
Estate planning is a highly specialized area. Before implementing any estate planning strategy, you should consult your own personal financial and/or estate planning advisors. To learn more about making a life-income gift to Cottage, please contact Carla Long at (805) 879-8987or by e-mail at firstname.lastname@example.org.