Charitable Remainder Trust

Charitable Remainder Trust allows the donor to make a charitable contribution of long term capital gain to MPTC while the donor retains the trust's income for either a specific term of years or for life.

Benefits to You

The gift of a trust provides an immediate tax deduction for a portion of the trust's principal value. This value is based on trust provisions and the age of the beneficiaries, the avoidance of capital gains taxes, and the opportunity to increase income by converting low income assets into high income assets. The gift of a trust also provides an income stream for you and/or named beneficiaries.