If you are looking for ways to receive reliable payments while making a significant gift to Easterseals, you may want to consider a charitable remainder trust.
How It Works
With this type of gift, you create the trust and fund it with assets, such as cash, real estate or appreciated securities. You receive income (either a variable or fixed dollar amount) each year for the rest of your life or for a period of up to 20 years from the trust. At the end of the trust term, the balance in the trust goes to support our mission.
Your Benefits
- Qualify for an income tax charitable deduction, when you itemize
- Up-front capital gains tax elimination
- Potential for increased disposable income
- Professional management of assets available
Steps to Take to Make Your Gift
- Decide which asset to donate. You can fund your trust with a variety of assets. Appreciated securities you’ve owned for more than one year are an ideal choice, because you could possibly boost your cash flow with a higher payout from the trust.
- Choose who receives the payment. Your trust can make payments to you and other beneficiaries you choose, such as a spouse or a child.
- Determine the length of the trust. The term of your trust can be the lifetime of the beneficiaries you select or for a period of up to 20 years.
- Contact at Easterseals to help you determine, with your financial advisors, if creating a charitable remainder trust is right for you.
