charitable REMAINDER TRUSTS

Make an irrevocable gift to fund a trust and provide annual payments to your beneficiaries. After a set time frame or death, the remainder of the trust will benefit Faith Lutheran Church and the ministries you specify.

There are two types of Charitable Remainder Trusts:

• Charitable Remainder Annuity Trusts pay a fixed distribution, based on the value of the trust at the time of funding. Additional contributions are not allowed

• Charitable Remainder Unitrusts pay a variable distribution that will increase or decrease, based on the annual valuation of the trust. Additional contributions are allowed

With a charitable remainder trust, you can:

• Provide payments to one or more beneficiaries that vary with the value of the trust

• Give a generous gift to Faith Lutheran Church with the remainder of the trust

• Receive an immediate income-tax deduction at the time the trust is funded

• Avoid capital-gains tax on conversion or sale of assets used to support Faith

Ready to take the next step? Contact Pastor Eric Carlson at eric@faithlc.org or call 515-225-8334.