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Charitable Remainder Annuity Trusts
How it works
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You transfer cash, securities or other appreciated property into a trust.
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The trust makes fixed annual payments to you or to anyone you name.
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When the trust ends, the principal passes to Wayne Presbyterian Church. |
Benefits
- You receive an immediate income tax deduction for a portion of your contribution to the trust.
- You pay no capital gains tax on any appreciated assets you donate.
- You or your designated income beneficiaries receive stable, predictable income for life or a term of years.
- You can have the satisfaction of making a significant gift that benefits you now and Wayne Presbyterian Church later.
More
Your interest in planned giving to Wayne Presbyterian Church is greatly appreciated. If you would like to learn more about charitable remainder annuity trusts, please contact Rev. Steven Harberts, Associate Pastor at stharberts@waynepres.org or (610) 688-8700; or the Chair of the Planned Giving Committeee, M. Parker Blatchford at mpblatchford@aol.com or (610) 688-9030; or complete the Information Request Form.
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