How it works

You give shares in a closely held corporation or an investment partnership to GPAN. GPAN receives income distributions, and may sell the shares to a third party.

Benefits

You receive gift credit and an immediate income tax deduction for the appraised value of the business interests, net of any other liabilities that may pertain to it. You may be able to use a business interest to create a life-income arrangement, such as a flip unitrust. You have the satisfaction of making a significant gift that benefits both you and GPAN during your lifetime