Charitable Remainder Trusts
These special gift plans allow you to convert an asset into a trust that will pay you an income for life or a specific duration with the remaining value of the trust benefiting one of our foundations in the future.
By transferring highly appreciated assets into a charitable remainder trust, you can avoid capital gains taxes so that all the proceeds can be invested for your benefit. Often, low-yielding securities can be converted into a higher-yielding asset within the trust at no tax disadvantage to you. You will receive an immediate tax deduction for the remaining trust balance based on present day value.
Charitable remainder trusts are some of the many life income gift opportunities that allow donors to both meet their personal, family and financial objectives while at the same time providing a meaningful legacy for charity. We urge you to consult with your tax or legal advisor about ways to use these helpful agreements in your financial and estate planning.