Persons who have highly appreciated assets, such as stocks or unencumbered real estate, may wish to consider creating a Charitable Remainder Trust.

There are several types of such trusts.  Some contributors to the Backhus Foundation might find one such trust, the Charitable Unitrust, quite suits their needs.  When properly implemented, such a trust provides a tax-sheltered environment for the sale of appreciated assets, and provides the creator with an income stream during their lifetime which, with proper attention, could improve significantly over the years.  Such trusts can have substantial benefits for individuals who need continued tax-sheltering of appreciated assets and/or a method to provide themselves with income during their lifetime.

To find out more about contributions or charitable trusts, click on this Contributions link or email us:


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