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Uncover the Option That Matches Your Goal With charitable trusts, you can do all of the above. This guide offers helpful information on two popular types of charitable trusts. Keep reading to uncover which type may be right for you. 1] Charitable Remainder Trust: Receive Income for Life or a Term of Years When you donate assets to a charitable remainder trust you create, you receive a stream of income from the trust, which can last for your lifetime or a set term of up to 20 years. The income amount may be greater than what the assets currently yield. If you wish, your spouse or another individual can receive an income from the trust after your lifetime. At the end of the trust term, the remaining balance goes to us. You can choose from two basic types of charitable remainder trusts. Use the chart below to help you determine which one fits your needs. Which of the following would you like to accomplish? • Boost your retirement income • Provide for your heirs • Reduce your taxes • Support Central College GIFT PLAN DEFINITION DONOR PROFILE BENEFITS FUNDING Charitable Remainder Annuity Trust A trust from which you receive fixed income for life or a term of years Best for those older than age 70 seeking to make a substantial gift and receive a higher income for a short period of time • Fixed income • Income tax deduction • No up-front capital gains tax on transfer of assets • Significant gift to us in the future With cash or securities, typically $100,000 or more Charitable Remainder Unitrust A trust from which you receive variable income (based on the trust's value each year) for life or a term of years Best for those older than age 55 seeking to make a substantial gift • Variable income • Income tax deduction • No up-front capital gains tax on transfer of assets • Allows additional gifts • Significant gift to us in the future With cash, securities or other assets, typically $100,000 or more Unitrust or Annuity Trust: Which Is Best for You?

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