Who in Indianapolis, Indiana is involved in facilitating charitable real estate gift annuity transactions? - charitable annuity
The property has no mortgage left on it, and I want a time stream of lifetime income. I must pay a fee to do so?
Thursday, January 14, 2010
Charitable Annuity Who In Indianapolis, Indiana Is Involved In Facilitating Charitable Real Estate Gift Annuity Transactions?
2 comments:
If you own outright, to donate a small church or a charity, you must make arrangements for most of his own, after discussion with the love, of course. Some large charities can be for you. But while it is generally free, I think they're better, trusts and estates (for hire lawyers to work and pay) their own.
The main problem is that creating the kind of confidence that we are talking about (a so-called charitable remainder trust) are now two competing interests. They want the benefits (income so) long as possible. Of course, the hope of a long life. The receiver remains - the love - the money will be held as soon as possible.
Suppose someone wants to build a shopping center in the neighborhood and the needs of their country, to the transaction. The love that was ultimately the owner willing to sell. It is not clear. There is a potential conflict. A lawyer can do things that you wish to protect the interests of his people.
Moreover, a good lawyer to advise you how best to help its twin goals of achieving love and to ensure their financial well-being. Maybe I should rent, you will receive the income and the charity of real estate after his death to be found. You may have the status of a donation, now have the love in order to pay the rent, and you will receive a fixed interest rate of the charity. (This is the need to find tenants. Eliminate) Or perhaps the property would be sold immediately and the proceeds into an escrow account at a bank or broker-place, where you can see the interest and love, becomes the director when you die.
They need someone to help smart, think about all the possibilities. Finally, the fees you pay is worth the peace of mind. If you do not know a good lawyer, try to trust in the department of your bank to do. Most banks have a.
Hope this helps. Good luck!
My cousin is possible, but in Muncie!
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