Charitable Remainder Trust

You may be concerned about the high cost of capital gains tax upon the sale of your appreciated property. Or perhaps you recently sold property and are looking for a way to offset taxes and plan for retirement. A charitable remainder trust might offer the solutions you need. We work with you and your legal and tax advisors to help fulfill your charitable goals while providing maximum tax benefits.

Gifts of real estate or personal property must be approved in advance by the Community Foundation's Board of Governors. Email President Bob Fockler or call him at (901) 722-0045 if you are considering such a gift.

Charitable Remainder Unitrust

Stock or Cash

Trust

Donor

CFGM

Benefits May Include:

• Income for life, lives, or term of years,
• Avoiding capital gains tax on the sale of your appreciated assets,
• Charitable income tax deduction for remainder portion of your gift to the Community Foundation of Greater Memphis, and
• Future legacy gift.

Charitable Remainder Unitrust for Income

A charitable remainder unitrust pays you income that reflects the performance of trust investments. There is the potential that your income could increase over time with growth in the trust.

Charitable remainder annuity trust for fixed income

If you are tired of riding the fluctuating stock market and want a fixed income, a charitable remainder annuity trust may provide you with the stability you desire. A charitable remainder annuity trust pays out a fixed amount each year based on the value of the property at the time it is gifted.

Email President Bob Fockler or call him at (901) 722-0045 if you are considering naming the Community Foundation the beneficiary of a trust.