Flo's Legacy Fund
Cash, mutual funds, publicly traded stock, other marketable securities...pretty much anything.
DONOR PROFILE: Anyone
ESTATE VALUE: All
ANNUAL INCOME: Low - High
SUITABLE ASSETS: Cash, stocks, bonds, real estate, insurance policies or other tangible property.
ADVANTAGES TO DONOR: Income and estate tax deduction. Avoidance of capital gains tax
DONOR CONTROL: No donor control, except if designated
BENEFITS TO CHARITY: Immediate possession and use of gifted asset.
DISPOSITION OF INCOME: Charity is owner of the gift and has complete control.
DISPOSITION OF PRINCIPAL: Charity is owner of the gift and has complete control .