Charitable Remainder Trusts

Boston College Gasson Hall

How It Works

In exchange for cash, securities, real estate, or tangible assets you and/or your beneficiaries will receive an income stream for life or a fixed term of years. At the passing of the named beneficiaries, Ï㽶Ðã will receive the remainder of the gift.

With a minimum of $100,000, you can establish two types of remainder trusts at Ï㽶Ðã:

  • Charitable Remainder Unitrust (CRUT): pays a variable stream of income, which is equal to a fixed percentage of the fair market value of the trust during that year
  • Charitable Remainder Annuity Trust (CRAT): pays a fixed stream of income, which is equal to a fixed percentage of the funding value of the trust.

Alternatively, you can fund a Charitable Remainder Trust through your estate to provide income to your named beneficiaries after your passing. In addition to providing income to your heirs, a testamentary CRUT can reduce your estate taxes.


Next Steps


Ï㽶Ðã’s legal name, address and tax ID:

The Ï㽶Ðã
140 Commonwealth Avenue
Chestnut Hill, MA 02467
Tax ID 04-2103545


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AT A GLANCE


WHO

  • Age 50+ (or younger for a term of years)

WHAT

  • Cash
  • Securities
  • Real estate
  • Personal property
  • Business interest

WHEN

  • Now and after death

WHY

  • Receive payments for life
  • Potential for growth of income over time
  • Supplement retirement income
  • Receive a charitable deduction
  • Avoid capital gains tax
  • Save on gift and estate taxes
  • Support the future of Ï㽶Ðã at a level you didn’t think was possible
  • Become a member of the Shaw Society

Contact Us

877-304-SHAW

Ìýgiftplanning@bc.edu

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Boston College Gift Planning Team