ncome from your gift is paid to those beneficiaries whom
you select for a lifetime and/or a term of years. At the end
of the trust's term, the property remaining in the trust
will be used by the Hospice Foundation for the purpose you
have specified. There are two types of charitable remainder
trusts, both of which are irrevocable:
Unitrust: income fluctuates annually with the fair market
value of the trust.
Annuity trust: income payments are fixed and determined when
the gift is made, which is attractive to individuals who
wish to avoid risk.
Advantages of CRTs
Income for life and/or a term of years.
You receive an immediate income tax charitable deduction.
If you make your gift with low-yielding securities, you may
actually increase your current income.
If you make your gift with appreciated securities, you may
avoid capital gains tax.
You may reduce your estate tax.
You have the satisfaction of supporting a cause important to
you.
Membership in the Helen Westland Legacy Society.
If you would like more information, please contact Susan Cortese at (831) 333-9023 or send an email to Susan Cortese.
ncome from your gift is paid to those beneficiaries whom
you select for a lifetime and/or a term of years. At the end
of the trust's term, the property remaining in the trust
will be used by the Hospice Foundation for the purpose you
have specified. There are two types of charitable remainder
trusts, both of which are irrevocable:
Unitrust: income fluctuates annually with the fair market
value of the trust.
