CHARITABLE LEAD TRUST
PROTECT YOUR ASSETS
You can benefit from the tax savings that result from supporting the Dori Slosberg Foundation without giving up the assets that you'd like your family to receive someday with a donation in the form of a charitable lead trust.
There are two ways that charitable lead trusts make payments to the Dori Slosberg Foundation:
A charitable lead annuity trust pays a fixed amount each year to the Dori Slosberg Foundation and is more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, for example, the payments to the Dori Slosberg Foundation go up as well.
Here's An Example of How It Works:
Peter would like to support the Dori Slosberg Foundation and provide for his children. Peter received a windfall amount of income and needs a large income tax deduction to offset the income. Following his advisor's recommendation, Peter funds a grantor charitable lead annuity trust with assets valued at $1,000,000. Peter's trust pays $70,000 (7% of the initial fair market value) to the Dori Slosberg Foundation each year for 15 years, which will total $1,050,000. After that, the balance in the trust reverts back to Peter. He receives an income tax charitable deduction of $955,700. Assuming the trust earns an average 6% annual rate of return, Peter receives approximately $767,240 at the end of the trust term.
*Based on a 1.2% charitable midterm federal rate. Deductions and calculations will vary depending on your personal circumstances.
Seek the advice of your financial or legal advisor.
Contact Shay Beech at 561-488-7900 or firstname.lastname@example.org to talk about supporting the Dori Slosberg Foundation by setting up a charitable lead trust.
If you include the Dori Slosberg Foundation in your plans, please use our legal name and federal tax ID.
Legal Name: Dori Slosberg Foundation, Inc.
Address: 221 Commercial Blvd Ste 203, Lauderdale By The Sea, FL. 33308
Federal Tax ID Number: 81-0664148