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Gift Planning Opportunities with Charitable Trusts
 When
considering financial and estate planning, we hope that you will
also consider Clemson and the College of Engineering and Science.
Not only can we put your gifts to good use, we can also save you
tax dollars through the charitable deduction and the avoidance of
capital gains. By reinvesting your assets through a charitable remainder
unitrust or annuity trust we can even increase your current income.
Both
of these instruments allow you to make a substantial gift and continue
to receive income from the contributed assets. Your gift is administered
separately as a trust. Income for life is paid to you or another
designated beneficiary(ies). After the life income payments terminate,
Clemson receives the remainder of the assets in the trust.
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With
the unitrust, you receive annually (or at more frequent intervals)
a fixed percentage of the fair market value of the trust’s
assets, which are revalued annually. Consequently, the income paid
out will vary from year to year based upon the performance of the
trust’s investments. With an annuity trust, the life income
paid is a fixed dollar amount, rather than a fixed percentage of
the assets in the trust. You may stipulate, for example, that you
receive $5,000 (or some other fixed sum) each year as a result of
setting up a $100,000 annuity trust. This form of trust is appropriate
for those who prefer a fixed annual income, unaffected by changes
in the stock market, interest rates, etc.
We
appreciate your interest and support in the College of Engineering
and Science and would be pleased to meet with you or provide you
with additional information. Please return the information form
to the right, in the envelope provided in this newsletter or feel
free to contact Joy Workman, Director of Alumni Development toll
free at 1-866-472-8823.
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