|
Donors can make a gift of current income
by putting property in a simple trust.
Donors specify the percentage of the total annual value that Saint
Clare’s Foundation is to receive. At the end of a designated
period, the property is returned to the donor or to the non-charitable
beneficiaries the donor has named. Such trusts may allow immediate
tax advantages or may reduce the gift tax when the assets are passed
to children or grandchildren at the expiration of the trust.
For more information about charitable lead trusts, please call: (973) 983-5300.
Back
|
