CHARITABLE TRUSTS
Trusts serve different purposes, and result in revenue to assist Chabad of Solano County grow and flourish. Appreciated real estate and securities are often excellent assets to place in a charitable trust.
Charitable Remainder Trust
A charitable remainder trust is a highly recommended estate planning tool that allows you to donate your assets to Chabad of Solano County while providing an income stream to you and your family. A charitable remainder trust has significant tax advantages for your children and beneficiaries during your lifetime.
How a Charitable Remainder Trust works:
- You establish a remainder trust that provides income payments to you or your loved ones. In most cases, these payments reduce your estate taxes.
- After your passing, the remaining assets are given to Chabad of Solano County, and your legacy continues on.
Charitable Lead Trust
A charitable lead trust can be an effective estate planning tool to transfer your assets to your heirs, while providing significant tax advantages.
How a Charitable Lead Trust works:
- A lead trust will make income payments to Chabad of Solano County for a predetermined number of years.
- After the trust term ends, the assets are distributed according to your wishes, usually to you or your family.
- This is an outstanding way to give charity today, during your lifetime, eventually leaving the asset to your heirs.
