Charitable Remainder Trusts
If your goal is to:
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Supplement retirement income (fixed or variable payments)
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Meet various personal/family financial goals
Then you can:
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Create a charitable trust (unitrust, annuity trust, lead trust) under consultation with your professional advisor(s); name GVSU as beneficiary of charitable remainder
And your benefits are:
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Current federal tax deduction
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Reduces taxable estate
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