MAKE A GIFT THAT GENERATES INCOME DURING YOUR LIFETIME,
GIVE THROUGH A CHARITABLE REMAINDER TRUST
(Gift Range $100,000 or More)
The use of charitable remainder trusts (CRTs) is a popular way to make
a generous charitable contribution, receive tax savings and provide an
income stream for you and your family. While the concept of a charitable
remainder trust is simple, there are details to be considered, so please
consult with your own attorney and/or tax advisor before you decide what
method of giving is right for your situation.
Don is getting older and wants to simplify his life. He owns a rental property
that he wishes to sell, but he doesn’t want to pay the capital-gains
tax. Don decides to give the property to a charitable remainder trust,
the trust sells the property and bypasses or defers the capital-gains
tax. In addition, he will receive (1) income for life from the investment
or the proceeds of the property sale, (2) a tax deduction and (3) the
knowledge that he has made a meaningful gift to support the future financial
health of Livingston HealthCare.
CRTs can be funded with cash, appreciated securities, real estate, or other
assets with a value of at least $100,000. For donors who wish to make
contributions of cash or securities of lesser amounts and receive similar
benefits, Livingston Healthcare Foundation offers
Charitable Gift Annuities.
For More Information
For more information on supporting Livingston Healthcare Foundation through
a planned gift, please contact LaNette Jones at (406) 823-6291) or by
email at lanette.jones@LHCFoundation.org. Livingston Healthcare Foundation
is a fully qualified 501(c)3 charitable organization under IRS regulations.
Donations are tax-deductible to the fullest extent provided by law.