CHARITABLE REMAINDER ANNUITY TRUSTS

If you desire the security of a fixed income, a charitable remainder annuity trust may be right for you. You can establish a charitable remainder annuity trust using a variety of assets, and you can structure the trust to meet your long-term goals.

Charitable remainder annuity trusts provide a fixed income to you or other beneficiaries based on a percentage (of at least 5%) of the initial value of your assets. Your income is fixed for a lifetime or a specified term of years. With this type of trust, you benefit from a deduction for the present value of the charitable remainder interest, and you avoid capital-gains tax on the transfer of appreciated, long-term capital-gain property.

We can help you and your financial advisor learn how to make a charitable remainder annuity trust best work for you. Contact us for more information.

Use our online giving calculator to explore ways to pair your needs with your desire to make a difference at Mines.