A life income gift to allows you and/or a beneficiary to retain income from the assets donated, take a federal income tax deduction for a portion of the gift's value (depending on the terms of the gift,) while eliminating capital gains tax on gifts of securities or real estate. Referred to as Charitable Remainder Trusts, life income gifts to St. John School should be arranged between you, the School and your financial and legal advisors to ensure a giving arrangement that is tailored to your personal requirements. | 
