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The University of Miami offers a variety of
life-income arrangements. A life-income
arrangement operates as follows: you irrevocably
contribute cash, appreciated securities or other
property to the University, which then sells and
reinvests the property to pay an annual income to
you and/or a beneficiary for life or a term of
years. After the death of the last beneficiary or
the end of the term, your gift is transferred to
the University of Miami. The proceeds of your gift
are used for the purposes you designate at the
time of your contribution.
Benefits Include:
- Annual income for you and a beneficiary;
- Professional investment management at no
charge;
- Bypass realizing capital gains on gifts of
appreciated assets;
- Immediate federal income tax charitable
deduction;
- Estate tax savings;
- Creating a future gift that reflects your
vision for UM.
Determining the right plan for you depends on a
number of factors including, your age, type of
assets, income needs and financial objectives.
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