What kind of donors should consider a charitable remainder trust?
A. Donors who want income for life, deferral of capital gains tax on stock or real estate, an immediate income tax deduction, avoidance of estate tax, and the satisfaction of providing a generous gift to Friends, may consider a charitable remainder trust Trusts are individually designed to meet the unique circumstances of the donor – his/her charitable intent as well as financial, estate planning and tax goals. Assets that you place in a charitable remainder trust–cash, stock, real estate, or a combination — are managed and invested by the trustee. The trustee pays you a fixed dollar amount or a fixed percentage of the assets for the rest of your life or a specified period of years after which the remainder passes to Friends. If you wish, this payment may be made to others. There are two basic types of charitable remainder trusts. A charitable remainder annuity trust will pay you a fixed dollar amount (the annuity) for the rest of your life. A charitable remainder unitrust will pay y
