Income for Life

A charitable remainder trust is a creative way to create a lasting legacy in your name and receive income from the trust for life or for a specified number of years. Upon expiration of that term, the remainder of the trust goes towards the philanthropic purpose established by you at its creation.

Your charitable remainder trust can be designed as either an Annuity Trust, with a fixed annual payment to you, or as a Unitrust, in which case you are paid a percentage of the value of the assets.

What are the benefits to you?

• Annual income for you, a spouse or someone you designate
• You receive an immediate tax deduction at the time the trust is created
• You incur no immediate capital gains tax on the transfer of appreciated assets
• You save estate taxes when these assets are removed from your taxable estate
• You achieve your long-term charitable objectives through the creation of a permanent legacy

How to Begin

For more information about how a charitable remainder trust or other planned giving and legacy opportunities can work for you, your family, and your community, call Deborah Chapman Goldstein, Director of Planned Giving and Endowment at 518-783-7800, ext. 230, dgoldstein@jewishfedny.org, or your personal financial advisor today.

United Jewish Federation of Northeastern New York and United Jewish Communities Planned Giving and Endowment does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel.