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 save on taxes and plan for retirement. A charitable remainder annuity trust may offer the solutions you need.
The minimum contribution level for Wake Forest to serve as Trustee of your Annuity Trust is $100,000.00.
If you are tired of low yielding CDs or 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. You will receive gift credit for 100% of the amount with which you fund your Annuity Trust.