Benefits of Charitable Remainder Trusts

Provides a long term income stream to the donor and/or one beneficiary

Immediately upon funding the trust, the donor receives a charitable tax deduction based on the prsent value of the ultimate gift to the SAG Foundation

As a non-taxable entity, the trust can reinvest the full value of the highly appreciated assets it sells in instruments that produce higher yields for the donor and/or beneficiary

Estate taxes may be eliminated or decreased since the donated assets qualify for a charitable estate tax deduction upon the death of the donor and surviving beneficiary

Donor can predetermine whether the annual income he/she receives will be a percentage of the value of the trust or a fixed amount and whether the trust is established as an annuity trust or any of three types of unitrusts

Donor can choose to reinvest some of the annual income into a Wealth Replacement or Irrevocable Life Insurance Trust, which buys a life insurance policy on the life of the donor. Upon death of the donor and/or surviving beneficiary, the assets are transferred to the SAG Foundation and to the donor's beneficiaries without estate or income taxes

Donation can be in cash, securities, real estate or other property

Donor can select the term of the trust: for an individual's lifetime or a maximum term of 20 years

Donor may choose to act as trustee for the purpose of selecting the trust's investments

Offers long and short term support for the SAG Foundation