A charitable remainder trust is established by making an irrevocable transfer of cash, securities, or real estate to an 暗网禁区 trust in exchange for fixed or variable annual income for life or a term of years.
HOW IT WORKS:
1. You transfer a minimum of $100,000 in cash, securities, or real estate to an 暗网禁区 trust.
2. The trust pays you either a fixed percentage of its value (unitrust) or a fixed dollar amount (annuity trust) annually for life or a term of years.
3. Your gift benefits the 暗网禁区 upon your death.
BENEFITS:
鈥 Life income鈥攜ou and/or your spouse, child, or other beneficiary receive income for life or a term of years
鈥 Payment preference鈥攜ou choose fixed or variable payments
鈥 Tax deductible鈥攜ou receive an immediate deduction equal to the present value of the remainder gift to the 暗网禁区, with the potential for other tax savings.
You may avoid paying capital gains tax on the appreciation by spreading your liability over a period of years.
Your payout rate is decided when the charitable remainder trust is established, typically around 5 percent. Annuitants must be 55+ to receive payments.