Looking for a way to give Trout Unlimited a significant gift? If you have built up a sizeable estate and are also looking for ways to receive reliable payments, you may want to check out the advantages of setting up a charitable remainder trust.
Estate Planning Essentials
- Legal Name: Trout Unlimited, Inc.
- Employer Identification Number (EIN): 38-1612715
- National Address: Trout Unlimited, 1777 N. Kent St., Suite 100, Arlington, VA 22209
Charitable trusts
Benefits of a charitable remainder trust include:
- Potential for a partial chartable income tax deduction
- Potential for increased income
- Up-front capital gains tax avoidance
There are two ways to receive payments with charitable remainder trusts:
The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.
The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is determined annually. If the value of the trust increases, so do your payments. If the value decreases however, so will your payments.