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Sometimes donors may wish to fund a charitable remainder trust through a gift of cash, stock or real estate. Through the trust, you assign the principal to Pattie A. Clay Foundation, yet you or a beneficiary receives income from the investment for a fixed number of years. A charitable trust may be structured to pay out a fixed percentage of the trust’s market value recalculated annually (charitable unitrust) or a fixed dollar amount based on the asset at the time of transfer (charitable annuity trust).
A minimum donation of $50,000 is required to set up a charitable remainder trust.
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