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 write us at:
PO BOX 868
DAYTON, NV 89403-0868
or EMAIL us