Trusts and AnnuitiesRemainder Trusts:With a charitable remainder trust, the donor transfers property to a trust where it's held and managed by a trustee. Trusts can be funded with cash or with highly appreciated property such as real estate, stocks or bonds. If the property is income producing, the net income will be paid to the donor, or any other designated beneficiary. When the trust terminates - usually at death or a specified term - the remainder is distributed to the organization. Annuities:A charitable gift annuity can benefit you and the Bonnechere Manor. Typically, annuities are three-party agreements between you and the charity and financial institution. The agreement may be for example, provide you and your family with a fixed income for a specific period or for your lifetime while still ultimately benefiting our organization. If you'd like more information about how to take full advantage of gifts of Remainder Trusts or Annuities, contact your insurance agent, accountant or financial advisor on how you can provide a substantial gift to Bonnechere Manor for a relatively small premium payment. |


