RECEIVE LIFETIME PAYMENTS FOR YOUR GENEROSITY

If you are looking for ways to receive reliable payments while making a significant gift to Hope Health & Sunshine Foundation, you may want to consider a charitable remainder trust.

HOW IT WORKS

With this type of gift, you create the trust and fund it with assets, such as cash, real estate, or appreciated securities. You receive income (either a variable or fixed dollar amount) each year for the rest of your life or a period of up to 20 years from the trust. At the end of the trust term, the balance in the trust goes to support our mission.

YOUR BENEFITS

• Qualify for an income tax charitable deduction, when you itemize
• Up-front capital gains tax elimination
• Potential for increased disposable income
• Professional management of assets available

STEPS TO TAKE TO MAKE YOUR GIFT

1. Decide which asset to donate. You can fund your trust with a variety of assets. Appreciated securities you’ve owned for more than one year are an ideal choice because you could boost your cash flow with a higher payout from the trust.
2. Choose who receives the payment. Your trust can make payments to you and other beneficiaries you choose, such as a spouse or a child.
3. Identify the income you want from the trust. The rate of pay must be at least 5 percent of the trust asset’s value.
4. Determine the length of the trust. The term of your trust can be the lifetime of the beneficiaries you select or for a period of up to 20 years.
5. Contact the Hope Health & Sunshine Foundation to help you determine, with your financial advisors, if creating a charitable remainder trust is right for you.