A charitable gift annuity is an irrevocable transfer of cash or appreciated assets to The Nature Corps in exchange for a fixed income for life. Charitable gift annuities may be immediate or deferred and last throughout the lifetime of one or two beneficiaries. The rate of return is determined by your age at the time payments begin. At the death of the annuitant, the proceeds of the annuity are disbursed to The Nature Corps. In addition to receiving life income, there are federal tax benefits available.
There are two types of Charitable Trusts:
A charitable remainder unitrust or annuity trust is an irrevocable, tax-exempt trust that may provide life income for you and your family. The trust holds your gifted assets and pays a dividend to you and your family. The trust is managed by a financial professional to ensure the proper return from gifted assets. When the life income interests are terminated, the assets of the trust will be distributed to The Nature Corps. A charitable remainder trust provides both income and estate tax deductions and can offer savings of capital gains taxes when the trust sells appreciated assets.
A charitable lead trust is an irrevocable, tax-exempt trust that provides a stream of income for a specified period of time to The Nature Corps. After the specified times expires, the trust either continues for the benefit of, or terminates in favor of, one or more specified individuals. The trust is managed by a financial professional to ensure proper rates of return. A charitable lead trust provides both income and estate tax deductions and can offer savings of capital gains taxes when the trust sells appreciated assets.
If you have questions about annuities or trusts for The Nature Corps, please contact The Nature Corps at (800) 774-PARK. Always be sure to discuss specific details with your attorney or financial planner.
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