Text Resize
Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video
Charitable Trusts

Charitable Trusts

Charitable Remainder Annuity Trust (CRAT)

The CRAT provides a stable fixed income to the donor based upon the value of the property (typically appreciated assets) donated. It allows substantial income tax deductions and significant capital gains deferral. The CRAT pays a fixed income based upon the value of the property at the time of the donation. Fresno State receives the assets of the trust at the expiration of the term of the trust (usually after the donor"s death).

How it works:

  • You transfer cash, securities or other appreciated property into a trust.
  • The trust makes fixed annual payments to you or to anyone you name.
  • When the trust ends, the principal passes to Fresno State.

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 Fresno State later.

Charitable Remainder Unitrust (CRUT)

The CRUT provides flexible income to the donor based upon the value of the property (typically appreciated assets) donated, and also allows substantial income tax deductions and significant capital gains deferral. The CRUT pays a fluctuating income based upon a fixed percentage of the trust"s annual value. Fresno State receives the assets of the trust at the expiration of the term of the trust (usually after the donor"s death).

How it works:

  • You transfer cash, securities or other appreciated property into a trust.
  • The trust pays a percentage of the market value of the assets re-valued annually to you or to beneficiaries you name.
  • When the trust ends (usually after death), the principal passes to Fresno State.

Benefits:

  • You receive an immediate income tax deduction for a portion of your contribution to the trust.
  • You pay no capital gains tax on appreciated assets you donate.
  • You or your designated beneficiaries receive income for life or a term of years.
  • You can make additional gifts to the trust as your circumstances allow and qualify for additional tax deductions.
  • You can have the satisfaction of making a significant gift that benefits you now and Fresno State later.

Charitable Lead Trust

The Charitable Lead Trust provides income to Fresno State for a designated period of time. In most cases, the principal is transferred to the heirs at the end of the trust term. It can provide large income tax deductions and could reduce or eliminate estate taxes.

How it works:

  • You contribute cash, securities or other property to a trust.
  • The trust makes fixed annual payments to Fresno State for a specified term of years.
  • When the trust ends, the remaining principal goes to your heirs.

Benefits:

  • You qualify for a gift tax deduction for the present value of the payments to Fresno State.
  • The payments and the term of the trust can be specified in such a way so as to reduce or even eliminate the transfer taxes due when the principal reverts to your heirs.
  • All appreciation that takes place in the trust goes tax-free to your heirs.
  • You can use your available estate tax credit to further reduce taxes on transfers to your heirs.
  • You can have the satisfaction of making a significant gift to Fresno State now that reduces the taxes due on transfers to your heirs later.

Work With Your Advisors

Charitable trusts are usually complex legal documents that are likely to create unforeseen and sometimes unwelcome tax consequences when they are not properly drafted to meet your specific needs. We encourage you to seek guidance from a qualified licensed professional such as an attorney or certified public accountant to be certain that your desires are fulfilled without any unwelcome surprises.

It is important that you work closely with your tax and legal advisors to implement the plan that is right for you and your family. This is one area where a comprehensive discussion with your qualified professionals is absolutely essential.

How Can Fresno State's Planned Giving Office Be of Assistance?

We are charitable planning specialists and have resources available to support both your investigation and your implementation of gift planning techniques. Our services are professional, confidential and collaborative. They are provided without cost or obligation. We encourage you to call on us to assist you, your family and your advisors in exploring financial, estate and charitable planning.

For more information, please contact:
Liz Garvin, CGPA
Director of Planned Giving
5244 North Jackson Ave. KC45
Fresno, CA 93740-8023
559.278.4038
egarvin@csufresno.edu

Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video
scriptsknown
 

© 2017 Crescendo Interactive, Inc. PRIVACY STATEMENT