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Charitable Remainder Trusts
These trusts pay annual income to you, or to others named by you, for your life or their lives or for a set period of time. Upon death or expiration of the time period, the trust assets are given to the Nebraska United Methodist Foundation or your church. Income and estate tax deductions apply, plus avoidance or delay of capital gains tax if appreciated property is gifted. Different income payment plans are available (i.e. – set percentage, net income, fixed amount, etc.). You select the trustee. These trusts are normally established during your lifetime but may also be established at death (testamentary), with unique tax advantages for each.
For more information on charitable remainder trusts, please contact the Foundation.
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