Giving to Lehigh > Planned Giving > Income for Life
One of the most popular ways to make a gift now without reducing your income is through the Lehigh Life Income Program.
Here's how it works:
1. You make an irrevocable contribution to Lehigh.
2. The university invests your gift assets and pays you, or your spouse or another beneficiary, an annual income.
3. After the death of the surviving beneficiary (or at the end of a term of years), the assets revert to Lehigh.
4. All life income gifts can be established during a donor's lifetime or by will.
The beauty of life income gifts is that they offer you the satisfaction of contributing to Lehigh along with valuable personal advantages:
• Income for life for you and/or another beneficiary.
• Freedom from investment management concerns.
• Immediate deduction for federal income tax purposes.
• Membership in the Tower Society in perpetuity.
• No immediate capital gains tax if the gift is in the form of appreciated securities or property.
• Potential after-tax increase in your income.
FREQUENTLY ASKED QUESTIONS ABOUT LIFE INCOME GIFTS
• What life income gift vehicles are available?
• How much should I give?
• Which is the best asset to give?
• How can a wealth replacement plan allow me to give to Lehigh as well as my heirs?
• Should my gift be restricted or unrestricted?
One of the most popular ways to make a gift now without reducing your income is through the Lehigh Life Income Program.
Here's how it works:
1. You make an irrevocable contribution to Lehigh.
2. The university invests your gift assets and pays you, or your spouse or another beneficiary, an annual income.
3. After the death of the surviving beneficiary (or at the end of a term of years), the assets revert to Lehigh.
4. All life income gifts can be established during a donor's lifetime or by will.
The beauty of life income gifts is that they offer you the satisfaction of contributing to Lehigh along with valuable personal advantages:
• Income for life for you and/or another beneficiary.
• Freedom from investment management concerns.
• Immediate deduction for federal income tax purposes.
• Membership in the Tower Society in perpetuity.
• No immediate capital gains tax if the gift is in the form of appreciated securities or property.
• Potential after-tax increase in your income.
FREQUENTLY ASKED QUESTIONS ABOUT LIFE INCOME GIFTS
• What life income gift vehicles are available?
• How much should I give?
• Which is the best asset to give?
• How can a wealth replacement plan allow me to give to Lehigh as well as my heirs?
• Should my gift be restricted or unrestricted?
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