Charitable Lead Trust

 

Discover an innovative way to pass appreciating assets on to family members while making gifts in the interim.

                           SPCC_lead_trust

 

How it works
1. You contribute cash, securities or other property to a trust. 
2. The trust makes fixed annual payments to the Severna Park Community Center for a specified term of years. 
3. When the trust ends, the remaining principal goes to your heirs.

 

Benefits
• You qualify for a gift tax deduction for the present value of the annuity payments to the Severna Park Community Center.
• The annuity payments and the term of the trust can be specified in such a way so as to reduce or even eliminate the transfer taxes due when the principal reverts to your heirs.
• All appreciation that takes place in the trust goes tax-free to your heirs.
• You can use your available estate tax credit to further reduce taxes on transfers to your heirs.
• You can have the satisfaction of making a significant gift to the Severna Park Community Center now that reduces the taxes due on transfers to your heirs later.

 

 

 

Our team of professionals is available to work with you and your tax, financial, and estate advisors in forming a gift plan.


For more information, contact:
Chris Marsala, Executive Director
Severna Park Community Center
623 Baltimore-Annapolis Blvd
Severna Park, MD 21146
E-mail:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Phone: (410) 647-5843

 

Return to the Planned Giving home page.

 
Copyright © 2012 Severna Park Community Center. All Rights Reserved.
Powered by Phoenix Internet Services.
SSL