Charitable Remainder Trusts

Charitable Remainder Trusts (CRT’s)  have been in existence since 1969. These multi-faceted  trusts provide the following benefits:

• Defers or eliminates capital gains tax
• Provides present income tax deduction
• Generates income stream
• Payments can be a fixed amount or percentage of trust assets
• Terms are made for beneficiaries' lifetime, up to a term of 20 years, or combination of both
• USS Midway Museum receives the asset at the end of the trust term
• The asset is removed from donor’s estate

Please click here to read a real-life example of how a CRT helped a donor and the USS Midway Museum.