Posts Tagged: testamentary gift

Published:
No Comments

ABCs of CGAs: Basics of Charitable Gift Annuities

The Basics A charitable gift annuity (CGA) is a contract in which a charity, in return for a transfer of assets, such as say, stocks or farmland, agrees to pay a fixed amount of money to one or two individuals, for their lifetime. A person who receives payments is called an “annuitant” or “beneficiary.” For the… Read more »