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TAX CONSIDERATIONS FOR CHARITABLE REMAINDER TRUSTS
Charitable Remainder Trusts offer significant tax advantages. You receive an immediate charitable income tax deduction based on the present value of the remainder interest that will eventually go to
Adoratio Foundation.
If you fund the trust with appreciated assets, you avoid capital gains tax on the appreciation. The trust itself is tax-exempt, allowing assets to grow without annual tax burden.
We strongly recommend consulting with your tax advisor or estate planning attorney to structure a CRT that aligns with your financial goals and philanthropic vision.
Questions? Contact Steve Phelan, Director of Mission Advancement
sphelan@adoratiofoundation.com or 785-534-0617
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