Colgate guarantees to make lifetime payments for up to two annuitants
Guaranteed payments for life that are favorably taxed 1. When gift is funded with cash, part of payment will be tax-free 2. When gift is funded with appreciated long-term securities, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
Federal income-tax deduction for a portion of your gift
The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisors concerning the specific consequences of making gifts to Colgate. We would be pleased to discuss, in confidence, ways in which you may support Colgate. These measures may also have an impact on your estate planning.