See which type of charitable trust best fits your estate plan with the FREE guide Trusts: Choose From Two Ways to Donate.View My Guide
Solutions for Large Donations
If you have built a sizable estate and also are looking for ways to receive reliable payments, consider a charitable remainder trust. At the end of the trust term, the balance in the trust goes to Penn State.
These types of gifts may offer you tax benefits and the option for income. There are two ways to receive payments and each has its own benefits:
The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.
The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.
Learn more by viewing our Charitable Remainder Trust fact sheet.
An Example From Penn State
Paul '09h and Eleanor Chadderton are helping prepare the leaders of tomorrow at Penn State through a charitable lead trust they created to support Penn State Shenango in 2010.
Calculate Your Benefits
Submit a few details and see how a charitable remainder trust can benefit you.