John Bullis
For the Nevada Appeal

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July 31, 2012
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John Bullis: Charitable annuities can assist retirees

Charitable gift annuities are one way to convert assets into income, and at the same time help your favorite charity.

Suppose you have some stocks that have increased in value but pay small or no dividends. If you have a charity you want to help or support, you might consider transferring the stocks to the charity in exchange for payments for the rest of your life.

Suppose you (cleverly) own some shares of Apple that are worth $100,000 now and you paid only $25,000 for them years ago. If you give the Apple shares to a church or charity in …

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The Nevada Appeal Updated Jul 31, 2012 01:59AM Published Jul 31, 2012 01:58AM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.