Spencer Law Firm LLC
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November 2010 Archives

Charitable Gift Annuities

A Charitable Gift Annuity is a combination of two things: (1) income for the life of the donor and (2) a charitable gift. A Charitable Gift Annuity is a contract made with a charity which provides that in return for a transfer of cash, marketable securities, or other assets, the charity agrees to pay a fixed amount of money annually to the grantor or the grantor and another person for life. The fixed rate is immune to market fluctuations and is guaranteed for the life of the contract.

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Spencer Law Firm LLC
320 Race Ave
Lancaster, PA 17603

Toll Free: 866-639-5451
Phone: 717-207-7935
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