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Susan and Fred know what hard work
is all about. And they have the rewards
as a result.
Susan: "I was one of the
lucky ones. It was a very tough time
for me and my family, but they were
there when we needed a little help.
Did it make a difference? Only in
every aspect of my life!
 Fred:
"We know how important help is when
it is needed, and we know how difficult
it is for them to maintain their facilities,
keep their equipment up to date, and
get volunteers trained and organized."
Susan: "We benefited, because
they had been supported by others
before us - but now we can give back.
And what a joy it is to know that
when we no longer need it, part of
it is going to someone who does. It's
awesome - we are changing lives!"
Fred: "That's
why Susan and I made the decision.
Not only will the trust provide
income to us throughout our lifetimes,
but we have peace of mind knowing
that the remainder will benefit an
organization that's doing really good
work."
There are two different types of
charitable remainder trusts.
 A
charitable remainder unitrust (see
example)
is a popular way to achieve tax benefits
as well as a fixed annual percentage
on the value of the assets in the
trust. The assets are revalued annually
and, if the trust value changes, the
payment to the beneficiary(ies) changes.
A charitable remainder annuity trust
is set up to pay a fixed rate of return
based on the initial valuation at
the time the property is placed in
the trust. The trust assets are never
revalued.
Some additional
information on charitable remainder
trusts is also available. Charitable
Remainder Trusts provide a good degree
of flexibility that is valuable in
charitable gift planning. For example,
a variation
on remainder trusts can be an effective
way to make gifts of real estate.
Susan and Fred are happy that they
have made a difference; a difference
that will have a profound impact on
the lives of others.
Now click here
to meet Phil and Alicia.
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