Charitable Remainder Trust

A trust is a pool of your assets, including cash, securities and property. In a charitable remainder trust, you designate United Way to receive a specific portion of the assets left in your trust after death.

Charitable remainder trusts allow you to keep full control of your assets and any income they produce. After your death, United Way will receive the funds and your estate will receive a gift receipt. The receipt can be used to offset taxes owed by your estate, so less of your money will go to taxes and probate fees.

There are many variations on charitable remainder trusts, including those that are irrevocable and provide you an immediate tax receipt for the present value of the residual interest.

By working with your advisors, your family, and the Community Endowment Fund, you can find a trust plan that meets all your goals.