Income a spouse can depend on: lifetime member leaves behind double legacy.
Meet Lorene Call. Lorene is a wonderfully pleasant 92-year-old Charitable Gift Annuity (CGA) donor and annuitant. She benefits from fixed monthly payments generated by the CGA that she and her husband funded shortly before his passing. Call said the income she receives makes a huge difference in her daily life.
Lorene's husband, Raymond, was a disabled veteran who broke his back while serving in the Army during World War II. The injuries he sustained opened his eyes to the many hardships faced by injured veterans.
Before his passing, Mr. Call researched ways to accomplish two admirable goals: providing a reliable income for himself and his loving wife of many years, and helping his fellow vets after he was gone. He didn't have to think twice about mailing in his generous check, which allowed him to take care of Lorene and veterans--a double legacy, as it turned out. Lorene is now enjoying fixed payments for the rest of her life; then DAV will benefit from the remainder of their annuity.
Taking out a Charitable Gift Annuity with DAV is as simple as 1,2,3:
1. Call our Gift Planning line at 1-800-216-9802, ext. 1, or mail in the attached postoard.
2. Wait for your information package to arrive, and review the income and tax benefits noted.
3. If you are happy with the terms of the proposed Charitable Gift Annuity, simply mail back the application with a check for the amount of your gift annuity.
Once we receive your application and check, we will mail you a contract that binds DAV to make payments to you for as long as you live, and then to a survivor, if you'd like.
Gift Annuity Benefits
* Generous fixed payments for life, largely tax-free
* Charitable income-tax deduction
* Guardian Society recognition for your generosity
* A legacy of your compassion for fellow veterans!
Minimum CGA funding amount: $10,000 * Minimum age(s): 60 * No maximum age Rates are based on age * The older you are, the higher the rate
* Rates range from 4.4% for a 60-year-old to 9% for a 90-year-old.
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|Date:||Jan 1, 2015|
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