HOW DOES A CHARITABLE REMAINDER TRUST COMPARE TO A CHARITABLE GIFT ANNUITY?
Charitable remainder trusts are often advisable for donors who wish to make a planned gift with a value of $100,000 or more; but want to retain lifetime control over investment of the assets so they can invest for growth and/or income, as they desire, and make additional contributions to the trust over time as their assets and personal objectives permit. Charitable remainder trusts also work particularly well in situations where the beneficiaries are relatively young, so that the principal and annuity payments may appreciate over their remaining lifetimes. Conversely, charitable gift annuities work well for gifts between $5,000 and $100,000, or when the donor wants to be assured of regular, fixed income payments for his or her lifetime. HOW DO I GET STARTED? As with the preparation of a will, your attorney will be the principal advisor in the preparation of a charitable remainder trust. In addition, you may wish to discuss inclusion of such a trust in your estate and financial plan wit
