Charitable Planning

Many individuals are charitably inclined. Charter Trust can help in the planning process to ensure that the charity of choice benefits properly, and the individual takes full advantage of all tax benefits, as well as to ensure proper cash flow. There are several ways charitable giving can be accomplished. They include one-time gifts, Charitable Gift Annuities, Charitable Remainder Trusts, Charitable Remainder Uni-Trusts, and Retirement Plan Gifts.

In the planning process, it’s important to determine if it is a one-time gift or multi-year gift. In making charitable gifts, decisions need to be made to determine if cash, securities or other assets should be used in making the gift.