A Charitable Remainder Trust is a way for you to make a significant future gift to PDF while retaining an income for you or someone you select. It is also a way to avoid capital gains tax when you fund such a trust with appreciated assets.
And, you may receive a charitable tax deduction in the year the gift is made. When the trust concludes, PDF will have much needed funding for its programs and services.
There are two basic types of charitable remainder trusts:
- The Annuity Trust: Under this option, you (or someone you select) receive a fixed income for life or for a period of time not exceeding 20 years. As noted above, you also receive a charitable tax deduction in the year the gift is made.
- The Unitrust: Under this option, you (or someone you select) receive a variable income for life or a term of 20 or fewer years. The payout is a percentage of the fair market value of the trust as valued each year on December 31.
For more information, contact:
Amy Mauser, Planned Giving Officer
(305) 537-9928 or firstname.lastname@example.org
Thank you for your generosity.