Lions can maximize their generosity while also taking care of their own financial needs through planned giving. LCIF's Legacy Program offers a wide range of planned giving options.

The Legacy Program's giving options include bequests, charitable gift annuities and charitable trusts. These devices to do good while helping yourself sometimes include significant tax advantages.

LCIF's gift annuities offer attractive rates of return and tax savings (where applicable). An annuity offers peace of mind through lifetime payments while providing a valuable charitable contribution to LCIF.

A gift annuity is an agreement between a person and a qualified charitable organization such as LCIF. The donor transfers assets to the organization and receives fixed payments for his or her lifetime and/or the lifetime of another person, if desired.

A gift annuity offers outstanding tax benefits. In the United States, you get a federal (and perhaps) state income tax deduction in the year you make the gift. Additionally, part of each payment is tax free for a number of years as well. Gift annuities enable you to provide for your own financial needs while supporting a cause you believe in and can trust.

For information on planned giving, contact the LCIF Development Department at 630-571-5466, ext. 392 or e-mail us.