Joyce and Burton had been married for 47 years. Not long before he died, Burton looked into converting some of their certificates of deposit into a charitable gift annuity. He and Joyce met with their advisors and found out it was a wonderful idea.

Joyce: "We met with our accountant and looked into the idea. When I saw the income we would have for the rest of both of our lives and compared it with what we were receiving from our CDs, I was amazed! Plus, there were tax benefits that helped us immediately.

"The development officer at Boys & Girls Clubs of America explained how they could use our support and what it would mean to them. It was something Burton and I did together, and I'm happy, really happy that we did it when we could do it together!"

A charitable gift annuity can provide tax benefits now and a lifetime income for the donor and a beneficiary if desired. It also brought peace of mind to Burton, knowing that Joyce would be provided for in the future.

Click here to learn about charitable remainder trusts.