The Jacobs Company; Charitable Planning Uses of Life Insurance

The Jacobs Company
Charitable Planning Uses
Supplemental Retirement Income With a Charitable Remainder Trust

Another Way to Fund Retirement

In many instances, a charitable remainderrr trust is set up just before retirement, with the donor making a single, large gift to the trust. Such a trust allows an individual who is on the verge of retirement to combine charitable goals with retirement income planning.

A charitable remainder unitrust (CRUT) can be established some years before a retirement. The CRUT allows additional annual gifts to the trust. For a person who is a number of years away from retirement, this type of trust can combine charitable goals with retirement asset accumulation.

Who should consider a CRUT to Accumulate Retirement Assets?
How it works- A Typical Example
How it works- A Hypothetical Example

This document was last modified on July 26, 1999