A trust is a legal agreement that specifies how the assets placed under the trust will be managed. The Charitable Remainder Trust (CRT) is a wonderful way to achieve a variety of goals while providing income for life and knowing that after your lifetime, the property remaining in the trust will be used by LSF as you specified. Essentially, there are two types of CRTs-the unitrust and the annuity trust.

• Unitrust income fluctuates annually with the fair market value of the trust.

• Annuity Trust income payments are fixed and determined when the gift is made.

The advantages of a CRT are many. For example, you receive income for life, avoid capital gains tax if funded with appreciated securities, receive an immediate charitable income tax deduction, the possibility of reducing your estate tax, and the satisfaction of supporting LSF.

As with all planned gifts, please be sure to consult with your legal and tax advisors.

We would be happy to provide further information upon request at no obligation. We appreciate your interest in supporting the work of LSF. For more information, please email FundraisingManager@lsfnet.org or call 813-676-9505.