Charitable Remainder Trusts

Charitable Remainder Trusts provide friends of United Cerebral Palsy of New York City with the opportunity to make a substantial gift to the organization in addition to fulfilling their financial objectives.

Simply stated, Charitable Remainder Trusts require the donor to irrevocably transfer money, property or both to a trustee who invests and reinvests the assets as a separate fund. The donor (and/or another designated beneficiary) receives payments for life or for a term of years. On the beneficiary's death, the Trust's assets go to UCP/NYC.

Appreciated securities with low yield dividends are an excellent way of funding these gifts that usually provide greater income while eliminating, or at least reducing, capital gains tax.

Although different charitable trusts vary to some degree, they all share the following characteristics:

• Provide you with the satisfaction of making a significant gift to UCP/NYC during your lifetime.
• Offer payments for life to you and/or another beneficiary you may designate.
• Provide an immediate federal and state income tax deduction for a portion of the value of the gift.
• Offer an opportunity to increase your income from low-yield highly appreciated securities or other property while reducing, and in some cases, totally avoiding tax on the appreciation.
• Reduce your estate taxes.

We would be pleased to discuss charitable remainder trust options with you and your financial advisors to determine the one that will best meet your financial goals.

For More Information

Click here to request free planned giving materials, including information on "Giving Through Charitable Remainder Trusts."

To contact our Development Office directly, you may e-mail us at wwhite@ucpnyc.org.