American Historical Society of Germans From Russia

 

> CHARITABLE REMAINDER TRUSTS
Donors draft a Trust document and place assets (generally highly appreciated) into the Trust, which entitles them to a current year income tax deduction and to bypass the capital gains tax. The deduction is dependent upon the ages of income beneficiaries and the length of the term of the Trust. Trust income may be either fixed (Charitable Remainder Annuity Trust) or variable (Charitable Remainder Unitrust) and can be directed to whomever the Donor wishes. At the end of the Trust term, the Trustee transfers the "remaining" funds in the Trust to our Foundation (and any other named "Charitable Remaindenmen") A trust for one life or for husband and wife is free of federal estate tax. Charitable Remainder Trusts enable Donors to maintain a high level of control, flexibility and can be set up for virtually any reason, including retirement or for the funding of college expenses of a child or grandchild.

> CHARITABLE INCOME (LEAD) TRUSTS
A Charitable Lead Trust pays Trust income to our Foundation for a specified term - then the Trust principal reverts to the Donor or passes to his/her heirs. The Family Lead Trust is an excellent way to "leverage the exemption" and pass major appreciating assets of substantial value to family members with minimum, if any gift or estate tax cost.
The Grantor Lead Trust is created solely for the purpose of obtaining an income tax deduction. The owner of the property gives up the income stream from the Trust for a period of years -yet receives the deduction up front for agreeing to give the income to our Foundation for a specified term.

> IRAS AND PENSION PLANS
Qualified Retirement Plans are frequently becoming the most rapidly growing assets for many Americans. Congress did not intend these "retirement" plans to be "inheritance" plans. It is a great shock to many persons when they discover that their IRAs can have dramatic declines due to cumulative taxation -if transferred to children or other non-spousal heirs. It is not uncommon for persons to experience income and estate taxation in excess of 70% on these dollars because of improper planning.
Charitable Planned Giving through our Foundation, on the other hand, helps Donors with good ideas and solutions that will give your IRA dollars to you, your family, and charitable organizations -rather than to the tax collector!

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