American Red Cross - Charitable Remainder Annuity Trust

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Charitable Remainder Annuity Trust

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Charitable Remainder Annuity Trust
(Gift example*)

You are holding appreciated stock valued at $100,000 from which you receive a $1,000 dividend annually. You would like to reinvest for more income; however, you will owe a capital gains tax on $90,000 of profit if you do. Instead, you contribute the $100,000 to a charitable annuity trust paying you and your spouse (ages 70 and 68) $5,000 annually.

What are the benefits?

Amount contributed	$100,000
Cost basis	$90,000
Annual payment	$5,000
Charitable deduction *	$35,037

Tax savings @ 33%	$11,562
Click here to calculate the benefits a Charitable Remainder Annuity Trust would give you.
Note: The Annuity Trust is not the only gift plan that pays you lifetime income. Compare its benefits with those of the unitrust and the gift annuity.
* This example is based on a factor that changes monthly. Contact our office for a personal illustration based on the latest rates.

For more information

Email us, complete the personal illustration form, or call us at (800) 797-8022 Ext. 5 so that we can assist you through every step of the process.