Estate Planning

Gifts that Give Back

Gifts in this category combine charitable contributions with life income for you and/or beneficiaries that you choose. By planning gifts of this type, you can make a significant contribution to Jefferson Land Trust, while helping to meet your own long-term financial goals. These gifts can offer significant tax benefits and, depending on the asset contributed, may even increase your cash flow.

• Charitable Remainder Trust

  A charitable remainder trust is a planned giving arrangement in which cash or assets are irrevocably transferred to a trustee under a trust agreement. Interest, or in some cases principal, from the trust is paid to you or your beneficiary(s) over a fixed duration or lifetime. You receive a tax deduction for the present value of the asset at the time of the transfer, and Jefferson Land Trust receives the remaining trust assets.

• Real Estate

  Similarly, a gift of real estate with retained life interest provides a deferred charitable gift combined with tax benefits for you. In this type of arrangement, you can transfer ownership of your home or property to Jefferson Land Trust, but retain the right to use and live on it for the duration of your life. You receive an income tax deduction for the present value of the remainder interest and avoid any potential tax on capital gain.

Before making and final estate planning decisions, we recommend that you consult a qualified financial advisor.

Please feel free to contact us if you have questions or thoughts to share.