 |
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
Contact Us
» Directions
» Contact Us
Home Health Care Management, Inc.
1170 Berkshire Boulevard
Wyomissing, PA 19610
Phone:
610.378.0481
800.346.7848
Fax:
610.378.9762
|
|
 |
|
|
|
A Charitable Remainder Trust allows a donor to receive income and arrange a future gift that will benefit Home Health Care Management patients. Income can be distributed over multiple lifetimes or for a term not to exceed 20 years. Income is calculated by taking a minimum, 5% of the trust market value. With a charitable remainder annuity trust, the income is fixed for the term of the trust. A charitable remainder unitrust recalculates the amount annually increasing or decreasing income dependent on investment experience (rates may be limited by IRS regulation).
There are many tax benefits attributed to the use of a charitable remainder trust. At inception, a charitable deduction is available relative to the charitable remainder (a unitrust can receive additions creating other potential deductions). Capital gains tax exposure from highly appreciated assets can be reduced and spread over a period of time.
To defer income tax liability or to assist with addressing the sale of trust real estate, a net income election can be made for a unitrust. You can provide for changing the income calculation through the attainment of an event, to increase income at a later date (known as a flip trust).
Multiple charities may be designated as beneficiaries, while reserving the right to change your election at a later date.
For more information contact:
Director of Development
Home Health Care Management
1170 Berkshire Blvd.
Wyomissing, PA 19610
(610) 378-0481 ext. 3234
|
|
|
