The Charitable Remainder Trust is an agreement which works well with gifts of highly appreciated assets. By transferring the asset to Abbotsford Christian School for a Charitable Remainder Trust, you:
· Avoid capital gains tax;
· Receive a tax deduction based on the present value of the asset;
· Choose the return and length of time you wish to receive income from the trust.
You have no investment responsibilities and can designate how you wish the gift to be used at maturity.