Charitable Remainder Trusts

Giving through a charitable remainder trust is like giving away the apple tree but keeping the apples.

Charitable remainder trusts are powerful planning tools for people who are 70 years and older and who have made, or are planning to make, a charitable bequest. They are life income gifts that enable you to give today and create immediate tax savings, yet retain the income from the donated asset. After a prescribed period of time or upon your passing, the asset is transferred to one or more charities.

In essence, you transfer a property (such as investments, real estate, works of art, etc.) in trust, and reserve an annuity interest in the property for your benefit and that of your spouse and/or other beneficiaries. Then, instead of making a bequest in a will, you make an immediate gift of the remainder interest in the property in trust to Alberta Conservation Association (ACA) and retain an annuity income interest for life.

Smart and creative gift planning with ACA can help you meet your financial objectives, as well as your charitable goals. Explore the many ways you can help ACA protect the fish, wildlife and habitat you love while maximizing your philanthropic giving.

For more information on charitable remainder trusts, consult your legal advisor or contact:

Kelly Hudson, ACA Finance Manager
780-410-1992
kelly.hudson@ab-conservation.com