Charitable Remainder Trust

Life income gifts are primarily of benefit to donors who are 50 years of age and over. This type of gift can pay the donor and/or his loved ones an income for life.

A charitable remainder trust gift enables you to both provide you and your named beneficiaries an income for life or for a period of years. You irrevocably transfer assets into a trust created by you and governed by a trust agreement. Selected beneficiaries can receive payments from the trust and the remainder of it will pass to WPC and/or other named charities upon your death or at the termination of the trust. A charitable deduction for your gift value is afforded to you in the year that you make your gift.

Two common variations of charitable remainder trusts include annuity trusts and unitrusts. Annuity trusts pay a fixed rate of income for life while unitrusts offer variable payout rates that may help create a hedge against inflation over the longterm.

For more information, call 412-586-2356 or e-mail development at development@paconserve.org.