Charitable
Remainder Trusts

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. Sure, we worked hard and I enjoyed our work. But there were times I needed to unwind and relax and I had a place to go where I could. 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 a foundation 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 help preserve all this for others. It's awesome - we are protecting the world!"

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. A graphic example of a charitable remainder trust is available.

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.

Laguna Canyon Foundation
303 Broadway Avenue # 107 Laguna Beach CA 92651
Mailing Address:  PO Box 4895 Laguna Beach CA 92652
949-497-8324  Fax: 949-376-5590
E-mail: lagunacf2@lagunacanyon.org
Message Center: 949-855-7275 (PARK)