Billy and Dovie Lawrence
Billy and Dovie Lawrence have been happily married for more than 50 years. They have also been loyal supporters of Alzheimer's Disease Research and Macular Degeneration Research since 1987—an amazing 29 years. In addition to their donations, they currently have two annuities to support Alzheimer's Disease Research and two annuities to support Macular Degeneration Research.
Billy and Dovie have had personal experiences with these diseases on both sides of their family. Dovie first developed dry macular degeneration in her right eye eight years ago and now has very little sight in that eye. Not long after, her left eye also developed dry macular degeneration.
Dovie's sister, Edna, developed Alzheimer's disease when she was 75 and had it for seven years before she passed away. Billy's Uncle Jimmie, his mother's twin, developed Alzheimer's disease at age 65. Eight years later he died of complications from the disease.
Given the family history with Alzheimer's disease and Dovie's present-day struggle with macular degeneration, the Lawrences felt strongly that they would like to do more to help support research on these two diseases. The Lawrences learned that they could take advantage of certain tax benefits. After the first annuity was created, they established three more annuities within a short period of time. The combined payments Billy and Dovie receive from their four individual annuities help supplement their retirement income.
"We made these annuity gifts to further research on these diseases because we have family and friends who have suffered from them. We hope a cure will be found to help future generations to have a healthier and more independent life as they grow older," said Billy and Dovie.
Our heartfelt thanks to Billy and Dovie Lawrence for their generous support of Alzheimer's Disease Research and Macular Degeneration Research.
*BrightFocus programs are Alzheimer's Disease Research, Macular Degeneration Research, and National Glaucoma Research.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.