Colgate guarantees to make lifetime payments for up to two annuitants beginning at a future date of your choosing—minimum age 65 (You can establish a Flexible Deferred-Payment Gift Annuity if you aren’t sure when you would like to begin receiving payments.)
Remainder to Colgate
Guaranteed payments for life that are favorably taxed
When gift is funded with cash, part of payment will be tax-free
When gift is funded with appreciated property, 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.