Charitable Remainder Annuity Trust
(Gift example*)
You are holding appreciated stock valued at
$100,000 from which you receive a $1,000 dividend annually. You would
like to reinvest for more income; however, you will owe a capital gains
tax on $90,000 of profit if you do. Instead, you contribute the
$100,000 to a charitable annuity trust paying you and your spouse (ages
70 and 68) $5,000 annually.
What are the benefits?
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Amount contributed
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$100,000
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Cost basis
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$90,000
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Annual payment
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$5,000
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Charitable deduction *
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$35,037
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Tax savings @ 33%
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$11,562
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| Click here to calculate the benefits a Charitable Remainder Annuity Trust would give you.
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Note: The Annuity Trust is not the only gift plan that pays you lifetime income. Compare its benefits with those of the unitrust and the gift annuity.
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*
This example is based on a factor that changes monthly. Contact our
office for a personal illustration based on the latest rates.
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For more information
Email us, complete the personal illustration form, or call us at (800) 797-8022 Ext. 5 so that we can assist you through every step of the process.
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