Trust Examples

Charitable Remainder Trusts

A Charitable Remainder Trust is an irrevocable trust agreement that holds and invests assets for the benefit of a current noncharitable income beneficiary and for one or more charitable remaindermen.

This type of trust enables you to make a charitable gift while retaining the income from the gift for a specific amount of time. At the end of such time, the assets will pass to the named charities. Since the property held in trust will eventually pass to the charity when the trust terminates, you avoid the capital gains taxes related to capital gains and losses from the sale of trust assets.

Charitable Lead Trusts

A Charitable Lead Trust is established for a fixed term of years during which a charity is the income beneficiary. The remainder of the trust’s assets is then distributed to a noncharitable beneficiary, such as your family members at the end of the trust’s term.

Private Foundations

If you have the desire to create a charitable legacy, even if you haven’t decided on a specific charity, you should consider creating a Private Foundation.

Your contributions generate current tax deductions and future estate tax benefits, while you retain greater control over the charitable use of your gifts.

As part of our investment management services, we also provide local charities, private foundations, and endowments with the professional assistance they need to preserve and grow the resources that have been entrusted to them.

Non-profit agencies generally are not equipped, nor do they have the time, to manage a portfolio of investments. Our services enable these agencies to devote the time they need to fulfill their charitable mission, while we ensure they can be good stewards of your philanthropic resources.