You transfer cash, securities, or other appreciated property into a trust. The required minimum for this type of gift is $100,000.
The trust pays a percentage of the value of its principal, which is valued annually, to you or beneficiaries you name.
You may use your real estate to fund a charitable remainder unitrust (CRUT), which may be structured to provide lifetime income for you and/or others, or income for a term of years.
When the trust terminates, the remainder passes to Diocese of Worcester to be used in whatever aspect of our ministry you have chosen.
Benefits
Receive income for life or a term of years in return for your gift.
Receive an immediate income tax deduction for a portion of your contribution.
Pay no up-front capital gains tax on appreciated assets you give.
Enjoy the option to make additional gifts to the trust as the Lord allows for additional income and tax benefits.
