Charitable Gift Annuities and Remainder Trusts

Some donors who include Carleton in their estate plans also wish to provide for a family member or friend. To do this, you can establish a testamentary (upon death) charitable gift annuity or testamentary charitable remainder trust in your will.

Under this arrangement—which goes into effect at your death—income is paid to another person for his or her lifetime. After the recipient dies, Carleton then receives the remainder. Your estate will be allowed a charitable estate-tax deduction for a portion of the initial value of the trust.

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