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Charitable Remainder Trust
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| Life income gifts are primarily of benefit to donors who are 50 years of age and over and can pay the donor and/or his loved ones an income for life. |
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Through a charitable remainder trust gift, you are able to provide you and your named beneficiaries an income for life or for a period of years. You irrevocably transfer assets into a trust created by you and governed by a trust agreement. Selected beneficiaries can receive payments from the trust and the remainder of it will pass to WPC and/or other named charities upon your death or at the termination of the trust. A charitable deduction for your gift value is afforded to you in the year that you make your gift.
Two common variations of charitable remainder trusts include annuity trusts and unitrusts.
For more information, please contact Carey Miller at 412-586-2356, Western Pennsylvania Conservancy, 800 Waterfront Drive, Pittsburgh, PA 15222 or via e-mail at cmiller@paconserve.org
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