|
|
| Gift
Planning |
|
How It Works
 |
You transfer cash or securities to the Pooled Life Income Fund trust established by The University of North Carolina at Asheville Foundation, Inc.
|
 |
The trust issues you units, like a mutual fund, and pays you, or up to two income beneficiaries you name, the annual income attributable to your units for life.
|
 |
The principal attributed to your units passes to the UNC Asheville Foundation, Inc. at the death of the last income beneficiary.
|
Benefits
- You receive gift credit and an immediate income tax deduction for a portion of your gift to the trust.
- You pay no capital gains tax on any appreciated assets you donate.
- Although modest, the income usually exceeds the level of stock dividends.
- You can have the satisfaction of making a gift that benefits you now and the UNC Asheville Foundation, Inc. later.
More
For more information
If you are considering a pooled life income fund, email us, complete the personal illustration form, or call us at (828) 232-2430 so that we can assist you through every step of the process.
|
|
