I LOVE MY GAINS, BUT I HATE MY TAXES! 


 
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Is A Charitable Remainder Trust For You?

By Kate McClintock

A charitable remainder trust is a popular way to make charitable contributions. It allows a donor to make major gifts now while keeping income from the assets for use during his or her lifetime. A charitable remainder trust also allows donors to sell highly appreciated securities through the trust, reinvesting proceeds to obtain a desired level of income without incurring capital gains taxes.

Charitable remainder trusts work well for donors who own highly appreciated stock— that is, equity in a company with such a low cost that selling would create a tax problem. Here is an example of how donations of appreciated stock can benefit a donor.

For more information about International House’s charitable remainder trust program, please contact Kate McClintock at (510) 642-0124. E-mail kmcclint@uclink.berkeley.edu and I will send you a packet of information.