With a charitable remainder trust, you pass assets to a trust that will make payments to you for a period of time or life and reduce your income, capital gains, and estate tax burdens. While a charitable remainder trust is the most common, there are many ways to utilize trusts for planned giving.
A charitable lead trust makes regular payments to FMMC for a set period of time or your life and then returns the assets to your family. A lead trust offers potential gift tax savings to heirs in the future.
If you would like to learn more about creating a trust to benefit the Friday Morning Music Club, or if you would like to notify us that you have already done so, please click here.