Your attorney can help you establish a charitable remainder trust. You may want to involve a tax and/or financial advisor in this process, especially when choosing a trustee.
Two types of Charitable Remainder Trusts available to our donors:
Charitable Remainder Unitrust
A unitrust provides variable income, based on the value of the trust’s assets. The annual payments to you will fluctuate with the market.
Charitable Remainder Annuity Trust
With an annuity trust, you receive a fixed amount annually, which you can specify when the trust is established.