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. It was a very tough time for me and my mother, but they were there when we needed a little help. I don't know where I'd be without their support and prayers!"

Fred: "We know how important help is when it is needed and what a ministry such as this means to the community. And, we know how difficult it is for them to maintain their facilities, keep their equipment and supplies 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 helping them change 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 and giving hope and support to those who need it."

There are two different types of charitable remainder trusts.

Camp Bennett

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.

For a complimentary consultation, or to answer your questions on how you might make a donation, please contact:

Ted Meyers, ACFRE
Washington, DC 20009
(301) 421-5800