Charitable Remainder Trust

What It Is

  • By donating cash or property to establish a trust, you can receive income from that asset during your lifetime or for a period of time
  • The gift will pass to the U of L outside your estate, and depending on your circumstances, you may receive a tax receipt for the future value of the gift

Types

  • Cash
  • Securities
  • Real estate

Suitable For

  • Donors over the age of 70 who want to make a future gift
  • Donors who want a tax receipt now
  • Donors who want investment income

Donor Benefits

  • Income often may be tax free
  • Tax receipt for portion of gift
  • Membership in the Fiat Lux Legacy Society

U of L Benefits

  • Irrevocable gift (portion available after buying annuity)

How to Give