Charitable Remainder Trust
This is a planned giving arrangement in which assets are irrevocably transferred to a trustee under a trust agreement. Income (and in some cases, principle,) from the trust is paid to the donor and/or other beneficiaries for life or a term of years. At the end of that time, Camp Fire receives the remaining trust assets.
Such trusts offer great flexibility in meeting individual income and planning needs. The trust payout rate, set in consultation with Camp Fire, may be a fixed amount or a percentage of the trust assets as revalued annually. At the time of transfer, the donor receives a tax deduction for the actuarially determined present value of the reminder interest.
Return to Planned Giving page.