Charitable gift annuities (CGAs) are a type of planned gift that, by contract, are supposed to pay fixed income for life. Two recent cases provide cautionary tales (though at the outset, it should be clearly said: calling the groups that issued these annuities "charities" may be like calling Bernie Madoff and Allen Stanford "investment managers").
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Charitable Gift Annuities: Due Diligence for Advisors
May 04, 2011 at 08:00 PM
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