Home Up

Living Trusts
Life Ins Trusts
CRT Trusts
Credit Shelter Trust

Charitable Remainder Trust

The modern way to create income, reduce taxes and benefit your favorite charities. 
The Challenge 

Do you have highly appreciated assets in your portfolio, such as real estate or stock? 
Would you like to increase your income without incurring capital gains tax and reduce current income tax at the same time? Would maximizing your estate to your heirs while leaving a substantial charitable gift be appealing? 

The Solution

Put highly appreciated assets to work for you by considering a Charitable Remainder Trust. 

A Charitable Remainder Trust can convert your highly appreciated assets into a lifetime income source without generating capital gains or estate taxes. Additionally, one or more charities you select will benefit from your donation. By establishing a Charitable Remainder Trust you can: 

Key Benefits

bullet Create a source of lifetime income to supplement your retirement
bullet Avoid capital gains and estate taxation
bullet Reduce current income taxes via a charitable deduction
bullet Make a significant future charitable gift
bullet Potentially increase inheritance to your family and heirs

 

What is a Charitable Remainder Trust? 

The Tax Reform Act of 1969 created the Charitable Remainder Trust, an irrevocable tax-exempt trust available in annuity, trust or unitrust formats.  Properly structured, such trusts let you maintain control of the underlying investments, the amount and timing of income and the organizations that will benefit from your charitable gift. Some limitations may apply. 
How can I find out if a Charitable Remainder Trust is right for me? 

Charitable Remainder Trusts are sophisticated and require special legal, accounting and tax administration in order to realize their full potential.  Your financial adviser or registered representative can assist you in bringing together the necessary professionals to review your situation and determine if a Charitable Remainder Trust is right for you. 

Making the Investment Choice

Once a Charitable Remainder Trust is established, highly-appreciated assets can be transferred into the trust, sold tax-free and the proceeds reinvested. While income can be earned from many different types of investments, a variable annuity is often ideal. Variable annuities offer diversified investment opportunities, professional money management, and flexibility in withdrawing income. 

Information Request Form

Select the items that apply, and then let us know how to contact you.

Send product literature
Send company literature
Have an Advisor contact me

Name
Title
Company
Address
E-mail
Phone

 

[ Home ] [ Wills ] [ Trusts ]

Send mail to webmaster@fimadvisors.com with questions or comments about this web site.
Regulatory Disclosure Information
Securities offered through Mutual Service Corporation. Mutual Service Corporation and LPL Financial are affiliated companies and are members of FINRA/SIPC. FINRA web site is www.FINRA.org.  Investment Advisory Services offered through Financial & Investment Management Advisors, Inc., an SEC Registered Investment Advisory Firm. Financial & Investment Management Advisors, Inc. is not affiliated with Mutual Service Corporation or LPL Financial.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, and Certified Financial PLANNER™, which it awards to individuals who successfully complete initial and ongoing certification requirements.

Copyright © 2000-2008 Financial & Investment Management Advisors, Inc.
Last modified: May 01, 2008