Testamentary Life-Income Gifts

One gift in your estate can benefit both your family and AARP Foundation.

How It Works

You write a will or revocable trust directing a bequest to AARP Foundation.
You provide that the bequest first creates a life-income gift benefiting your designated recipients.
After their income interest terminates, the remaining balance in the gift passes to AARP Foundation.

Benefits

One estate asset can benefit both AARP Foundation and your heirs or other desired beneficiaries.
Your estate will be eligible to claim a charitable deduction for a portion of the amount of your bequest.
You can modify your bequest if your circumstances change.

More detail on testamentary life-income gifts.
Fequently asked questions on testamentary life-income gifts
contact the Gift Planning Team so we can assist you through every step.

contact GIFT PLANNING

We can help you create a personalized gift that best suits your needs and goals. Request information

Meet the members of the Gift Planning team and contact them with questions or comments. Contact the Gift Planning team

The material presented on this website illustrates general concepts and ideas in charitable
gift planning, but is not offered as professional estate planning, legal or tax advice.
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