What is a Charitable Gift Annuity?

A charitable gift annuity is a simple contract between you and Lake Worth Dollars for Scholars (DFS). In exchange for your irrevocable gift of cash, securities or other assets, Lake Worth DFS agrees to pay you a fixed sum each year for life. The older you are at the time of the gift, the greater the fixed income DFS can agree to pay.

In most cases, part of each payment is tax-free which increases the payment's after-tax value. Payments may be made annually, semiannually or quarterly. At the time of your death, the remainder in the gift annuity becomes a gift to Lake Worth DFS. Charitable gift annuities are simple and easy to establish.

For more information on how a charitable gift annuity might work for you contact Dave Cantley, President of Lake Worth DFS at 561-964-4025 or Dave1Cantley@aol.com.