There is no capital gain tax on the transfer and subsequent sale of long-term appreciated securities. We are happy to work with you and your financial advisors to create an individual income arrangement which suits your unique circumstances. For example, you may choose a fixed or fluctuating payment, the rate of income, and many other features to suit your particular needs. You will incur no capital gain tax on the initial transfer of long-term, appreciated securities or real estate into the trust. A gift of a new or existing life insurance policy.
Many people have life insurance policies which are no longer needed for their original purposes.
Such policies can be given to Pendle Hill and an income tax deduction can be taken for the cash surrender value. Plus, the annual premiums on a new or existing policy given to Pendle Hill irrevocably may also be tax deductible. A gift of an income stream. You can provide annual payments to Pendle Hill from a pool of income-producing assets which later will be returned to you or distributed to your heirs. This plan allows you to transfer assets to family members at a reduced value while providing meaningful support to our mission for a number of years and receiving a current tax deduction.