Charitable Remainder Gifts

For donors with appreciated assets, or unusual assets such as real property, that are not producing a desired level of income, a remainder trust can be an excellent solution.  As asset can be transferred to the charitable remainder trust and sold by the trust possibly producing tax benefits for the donor.  The donor creates this trust with his or her attorney and has great flexibility in structuring the payments, income, and handling of the trust.  The most common feature of a trust of this sort is that it pays income to the donor's family for life, or set period.  Any remaining assets are distributed to the D-Day Memorial.  Please ask your attorney or the Foundation's Development Office for more information about charitable trusts.  800-351-DDAY

Sentimental Journey Blog

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