"I did not find the world desolate when I entered it.
And as my parents planted for me before I was born, so do I plant for those who will come after me." -Talmud

CHARITABLE REMAINDER TRUST

Income for Life

 
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WHAT IS A CHARITABLE REMAINDER TRUST?

A charitable remainder trust is a creative way to create a lasting legacy in your name and receive income from the trust for life or for a specified number of years. 

 

Upon expiration of that term, the remainder of the trust goes towards the philanthropic purpose established by you at its creation.

 

Your charitable remainder trust can be designed as either an annuity trust, with a fixed annual payment to you, or as a unitrust, in which case you are paid a percentage of the value of the assets.

WHAT ARE THE BENEFITS TO YOU?

  • Annual income for you, a spouse or someone you designate.

  • You incur no immediate capital gains tax on the transfer of appreciated assets.

  • You save estate taxes when these assets are removed from your taxable estate.

  • You achieve your long-term charitable objectives through the creation of a permanent legacy.

For more information about how a charitable remainder trust can work for you, your family, and your community, contact Sharyn Gallatin​, Financial Resource Development Director at 734-677-0100 or contact your personal financial advisor.

For questions regarding:

EXISTING FUNDS

Contact Denise R. Bennett

734-677-0100

denise@jewishannarbor.org

 

CREATION OF NEW FUNDS

Contact Sharyn Gallatin

734-677-0100

sharyn@jewishannarbor.org

 

This material is presented for informative purposes only and should not be construed as legal or tax advice.

Always consult your lawyer or tax advisor when you are considering gift planning strategies.