Planned Giving Frequently Asked Questions
What is a gift annuity and how does it result in lifetime income?
Gift Annuity - Our Most Popular Planned Gift
Would you like a guaranteed lifetime income? That's what a Dayton Area Chapter of the American Red Cross gift annuity offers. In your irrevocable gift, the Dayton Area Chapter of the American Red Cross pays a fixed dollar amount during your life and/or the life of a designated loved one. The amount you receive is determined by the size of your gift, your age and the age of your beneficiary. Your income is guaranteed, regardless of market fluctuation. A major portion of your income is tax-exempt return of principle, and the income may be deferred until a later time as part of your retirement plan. Please click here to contact us for more information.
How do I include the Dayton Area Chapter of the American Red Cross in my will?
One of the simplest planned gifts is a bequest through your will, in which you designate either a specific dollar amount or a perccentage of your estate after other disbursements. In addition to supporting the Dayton Area Chapter of the American Red Cross, it serves as an example to your heirs of the values and ideals you hold dear. A bequest can reduce the amount of your taxable estate, which may increase the actual amount available to loved ones. Please click here to contact us for more information.
How do I get answers for other planned giving issues?
We'd love to address any other issues you may have. Please send us an email and we will get the answers you need.
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