Charitable Remainder Trust
Planning for tomorrow-for you and your community
Make a Difference
If you wish to support Detroit PBS in a larger way but still wish to retain an interest in your property for your benefit or the benefit of your family, a charitable remainder trust (“CRT”) may be a flexible option for you.
Contact Us to Get StartedHere’s how it commonly works:
Here are some gift ideas:
- You make a gift of cash and/or appreciated stock; those funds are then placed in an irrevocable trust.
- The trust will then pay you and/or a person you choose regular payments for life or a period of years.
- You can select a payout rate that meets your needs and passes certain tax regulations.
- You may choose to receive fixed payments (annuity trust) or one that changes with market conditions (unitrust).
- Once the trust ends, the remaining assets in the trust will pass on to Detroit PBS and perhaps other charities you decide to name.
Please consult with your professional advisor on how your charitable giving impacts you.
Benefits
Please consult with your professional advisor on how your charitable giving impacts you.
- You will be allowed an immediate charitable deduction for a portion of the gift if you itemize deductions on federal income tax return.
- You will receive annual payments for life, a portion of the payments will be tax free for a period of years.
- Your estate may enjoy reduced probate costs and federal estate tax.
- If you itemize deductions on your federal income tax return, you can claim an immediate charitable tax deduction for a portion of your gift.
- You will have the satisfaction of knowing the impact of your gift will be multiplied when it’s combined with the gifts of others who equally believe in the power of public television.
Get In Touch
For all questions about supporting the future of this station through a planned gift, contact our Major Gifts Officer, Malcolm Bondon.
