Gifts That Protect Assets
Maintain Benefits of an Asset
Reduce Gift or Estate Tax
Lead Trust
Details:
With a Charitable Lead Trust when you make the gift, the trust pays income to RS first, typically for a term of years. After that, the trust assets are passed back to you or other family members you designate.
Donor Profile:
Charitable Lead Trusts are for donors who want to fund a gift now and transfer tax-advantaged wealth to another generation. Lead Trusts work best when funded over $1,000,000, meaning this gift plan is for wealthy donors.
Donate Your Home and Live In It
Retained Life Estate
Details:
With this gift, you transfer a property deed to RS, and retain the right to use or live in the property for your lifetime. The tax deduction you receive in the year of the transfer is based on your life expectancy and the property’s current value, and you agree to cover expenses and maintenance of the property during your lifetime.
Donor Profile:
Similar to a gift of real estate, a prospect who wants to retain use of their home for their lifetime but does not need or want to include their property in their estate plan will benefit from retained life estates.