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?

 

  • Income for you, a spouse, or someone you designate
  • Immediate tax deduction at the time the trust is created
  • No immediate capital gains tax on the transfer of appreciated assets
  • Save estate taxes when these assets are removed from your taxable estate
  • Achieve your long-term charitable objectives through the creation of a permanent legacy

 

How to Begin

For more information about how planned giving and legacy opportunities can work for you, your family, and your community call Michael S. Rassler at (805) 957-1115, or your personal financial advisor today.


Jewish Federation of Greater Santa Barbara does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel.