Charitable Remainder Trust

Ways to Give > Planned Giving > Charitable Remainder Trust

For those who have built a large estate and wish to make a lasting impact, charitable trusts offer a unique way to support Faith Christian School while potentially benefiting from income, tax advantages, and strategic estate planning. Two popular options are Charitable Remainder Annuity Trusts (CRATs) and Charitable Remainder Unitrusts (CRUTs).

Charitable Remainder Annuity Trust (CRAT)
A CRAT provides a fixed annual income based on a set percentage of the initial trust value. This option is ideal if you desire a predictable, steady income each year. After the trust term ends, or upon the passing of the beneficiaries, the remaining assets will go to Faith Christian School, helping to sustain our mission far into the future.

Charitable Remainder Unitrust (CRUT)
A CRUT provides income based on a percentage of the trust’s annual value, which may increase or decrease depending on the investment performance. This option allows for potential growth in income over time. Like a CRAT, the remaining assets will eventually support Faith Christian School, creating a meaningful legacy.

Benefits of Charitable Trusts
Both annuity trusts and unitrusts offer potential income tax deductions, reduction of estate taxes, and a way to avoid capital gains taxes on appreciated assets. By establishing a charitable trust, you can fulfill your philanthropic goals while supporting your financial needs and family legacy.