Gifts With Retained Interest

Giving a gift with retained interest allows you to accomplish both of the following goals as part of your tax planning and estate strategies:

• You receive tax benefits for making a gift to a charitable organization.
• You retain an interest in the gift principal or income for yourself and/or your heirs. Some strategies allow the donor to make a gift to charity without depriving the heirs of their inheritance.

The four items to the side outlines briefly summarize who gets what in four categories of gifts with retained interest. But giving a charitable gift with retained interest is usually complex, so before implementing any of the gift options listed below, you should consult an attorney and tax advisor for more complete information and expert advice to decide which options may be appropriate for your circumstances and goals. (All gifting options are not available in all states.)