• I do not understand taxes. What assistance will I receive?

  You should rely upon your own counsel. However, as a service, we will provide information to assist your legal and tax counsel in securing the maximum deductions on your federal and state income tax returns. Also, the trustee will report to you annually how the income you receive should be reported for income tax purposes.

• How financially secure is Fred Jordan Missions?

  While Fred Jordan Missions is financially secure, it is important to understand that the financial security of the organization is immaterial to the financial security of the agreement. Property is held by the trustee for your benefit and the strength of the property held by the trust is what provides the financial security.

• I would like to receive a fixed income for the rest of my life, but I would also like to have my spouse assured of an income for life. Can this be done?

  Yes. It can be done through a joint and survivorship annuity. A joint and survivorship annuity covers the lives of two people, and is computed actuarially on both your ages.

• Are gift annuities designed for wealthy people?

  No. Wealthy people can usually make outright gifts available to our organization. The charitable gift annuity is designed basically for the person who wants to help our organization, but who also needs the income that can be derived from his capital. With a charitable gift annuity, you can do both.

• Can I purchase as many annuities as I wish?

  Yes. There is no limit to the number of annuities you purchase. It is not uncommon for people to purchase a new one each year.

• If I purchase a gift annuity, can I withdraw the fund later?

  No. The agreement is irrevocable. The terms of the annuity agreement must be definite, to provide the fixed payments for life.

• Can a gift annuity be purchased to pay an income to someone other than myself?

  Yes. You may designate anyone you wish to receive payments from a gift annuity.

• Can I purchase an annuity with stocks or property rather than with cash?

  Yes. This is often done. In many cases, the tax benefits are even greater if the stocks or property have appreciated in value.

• What happens if I lose my annuity agreement?

  Nothing. Your income continues, and a duplicate copy of the agreement will be sent upon request.

• Our Philosophy on Stewardship
• Gift Types

• Year End Gifts
• Our Services

This information is of a general nature only, and should not be interpreted as legal advice. Lifestyle Giving, Inc., 2006- 2010.