Charitable Remainder Trusts

Support CSU and Receive Income for Life

If you’re seeking a way to receive fixed income for life, avoid capital gains tax on appreciated assets, or plan for retirement, a charitable remainder trust (CRT) can provide all three benefits while supporting CSU.

How It Works

You transfer cash or appreciated assets to fund a charitable remainder trust. You receive an immediate charitable income tax deduction for the charitable portion of the trust. The trust sells assets tax-free, pays income to you or your chosen beneficiaries, and the remainder benefits CSU after all payments have been made.

This plan is ideal for donors with assets worth at least $100,000 who desire income, tax savings, and flexibility.

Types of Charitable Remainder Trusts

Charitable Remainder Unitrust (CRUT)

Distributes a fixed percentage of the trust’s assets each year, revalued annually. Income may increase as the trust grows, and additional contributions are allowed.

Charitable Remainder Annuity Trust (CRAT)

Distributes fixed annual payments based on the initial value of the trust. Additional contributions are not allowed, and income is generally taxed as ordinary income, with possible capital gains treatment if funded with appreciated assets.

If you have any questions about charitable remainder trusts, please contact us. We would be happy to assist you and answer any questions you may have.