Gifts That Protect Your Assets
Charitable Lead Trust
About This Gift
A charitable trust is structured in a way that makes the trust exempt from income taxes while allowing you to provide for both designated individuals and charities that you care about.
A charitable lead trust allows you to make an impact on the causes you care about today while also providing for your family later. With a charitable lead trust, you transfer cash or assets to a trust that makes payments to the 91视频 for a period of time. When the term ends, the remaining assets passes to the individual beneficiaries you select. There are two types of charitable lead trusts.
A charitable lead annuity trust pays a fixed amount each year to the 91视频.
A charitable lead unitrust pays a variable amount each year to the 91视频 based on the value of the assets in the trust. With a unitrust, if the trust’s assets increase in value, the payments to the 91视频 increase as well, and vice versa.
Benefits
- You may qualify for a tax deduction and the payments can reduce or even eliminate the transfer taxes due when the remaining funds revert to your heirs.
- All appreciation that takes place in your trust becomes tax-free to your heirs.
- You can use your available estate tax unified credit to further reduce the taxes on transfers to your heirs.
How It Works
- Transfer cash, securities, or other appreciated property into your trust.
- You may receive an immediate income tax deduction for a portion of your contribution to your trust.
- The 91视频 receives annual payments.
- When the trust ends, your individual beneficiaries receive the remaining assets held by the trust.
Retained Life Estate
About This Gift
If you would like to make a gift of real estate during your lifetime, you can transfer your property to the 91视频 while retaining the right to live in and/or use the property for your lifetime. This allows you to enjoy tax benefits during your lifetime and create a legacy with your gift.
Benefits
- You may receive an immediate income tax deduction for a portion of the appraised value of your property.
- Continue to live in or use your property during your lifetime.
How It Works
- Transfer ownership of real estate to the 91视频 while continuing to live in and/or use the property for the rest of your life.
- You continue to pay real estate taxes, maintenance fees, and insurance on the property.
- The proceeds on the sale of the property after tenancy terminates funds our mission.
