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   Gifts with a Life Income

     CASH & SECURITIES - ENDOWMENT GIFTS - REAL ESTATE - LIFE INCOME

Harvard Medical School offers a variety of life-income arrangements. A life-income arrangement operates as follows: you irrevocably contribute cash, appreciated securities, or other property to HMS, which then invests 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 HMS. The proceeds of your gift are used for the purposes you designate at the time of your contribution. Determining the right plan for you depends on a number of factors including your age, type of assets, income needs and financial objectives. Click here to learn more about gifts with lifetime income.

 

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