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Subject:  Re: OT Financial Question Date:  6/18/2012  4:35 PM
Author:  TwoCybers Number:  116282 of 128109

Phil I am in the process of redoing all my Terminal Documents (my name). The attorney told us annuities would not work for an organization - the are fine for individuals. The specific suggestion was a Donor Advised Fund administered by Schwab. The thing looks good on paper, but when one gets into the details it has problems. The real reason we want to spread the funds over a period of year is the organization is young and just as a person winning the lottery often makes less than idea choices, I want the organization to survive. It may be the bank's Trust department is the best/only option.

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