Life Income Gifts

A life income gift is often made through a trust arrangement called a unitrust or annuity trust. With a unitrust, you receive annually a fixed percentage of the market value of the assets in the trust. The income received varies from year to year, based on how the trust's investments perform. With an annuity trust, you receive a fixed amount from the trust. This amount is agreed upon when you create the trust; it stays constant no matter what happens with the stock market or interest rates.

If you have already considered a provision for Evergreen in your will, please note that a life income gift can often be preferable. Such a gift allows you to accomplish your goals during your lifetime in a tax-advantaged way.