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Funds Development: Planned Giving: Charitable Remainder Trusts
LOCKED INTO YOUR STOCKS?
There are several ways
to make a gift in trust to benefit
you, a spouse, a family member or other beneficiary, and Colonial Williamsburg.
To establish a charitable remainder trust you simply transfer property
to a trustee, usually Colonial Williamsburg. The minimum gift for an
individual charitable remainder trust is $100,000, either in cash, marketable
securities, or real estate.
You may choose to receive a fixed dollar amount
from the trust each year or you can choose a stated percentage of the
fair market value of the trust assets as revalued each year. The
latter option provides an opportunity for income to grow along with
the value of the trust, although this can not be guaranteed. Upon
the death of the last beneficiary, the remaining assets are distributed
to Colonial Williamsburg.
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Historic Triangle