Charitable Remainder Annuity Trusts
Make a Gift & Receive Income For Life
Do you have an asset, such as securities or real estate, that you would like to give to Moravian Theological Seminary, but you need the income the property provides? Or do you have an asset from which you would like to receive more income, but you hesitate to sell it because taxes on your capital gain would take a big bite out of your proceeds. If so, you should consider donating your asset to a charitable remainder trust.
With a charitable remainder trust, you can make a gift to Moravian Theological Seminary to support and receive lifetime income. Because a charitable remainder trust is tax-exempt, there is no capital gains tax when the trust receives your appreciated assets or when it sells them. The trust can put the full fair market value of your asset to work first for you and ultimately for Moravian Theological Seminary. In addition, you receive an income tax charitable deduction for a portion of the trust amount which can be used immediately to save on income taxes.