Gifting Instructions
Click on an item below for specific instructions on how to create either a trust that first pays you or your beneficiaries income for some period of time and then pays the remainder to charity, or a trust that first pays charity income for some period of time and then pays the remainder to you or your beneficiaries.
The PCA Foundation is able to create and serve as trustee of a charitable remainder trust that pays income to you or your beneficiaries for a life or joint lives, or for a terms of years, and then at the end of the trust term pays the remainder to your Advise & Consult Fund, Increase Fund, or Single Charity Fund for distribution to one or more charities immediately or over time. A CRT serves well a person who wants to receive or provide an income stream, provide for one or more charities, and take an immediate charitable deduction. It serves especially well a person who wants to liquidate an appreciated non-cash asset to diversify income sources, increase after-tax principal for greater income, and defer the realization of capital gain.
Discuss a Charitable Remainder Trust
If you want just to discuss a possible charitable remainder trust and how it might work and fit into your estate and gift plans, please contact us, and either our president or another complex gifts officer will respond ASAP.
Propose a Charitable Remainder Trust
Follow these easy steps to create and fund a PCA Foundation charitable remainder trust.
Click here to read the important information about funding charitable remainder trusts, and the requirements for deducting the funding as a charitable contribution.
Complete and submit the electronic CRT proposal form here.
We will review the information and documentation you submit, and produce and send to you an illustration of the economic and tax results of creating and funding a particular type of CRT, and the Foundation president or a complex gifts officer will call you to discuss trust and funding options.
We will provide to you a draft of a trust agreement, and instructions, account information, and draft transfer documentation for funding the trust.
Review the trust agreement and transfer documentation with your legal counsel; then, execute and return the trust agreement, and follow the instructions and execute the transfer documentation for funding.
If you do not have a Foundation donor-advised fund yet, open a fund. You can fund and begin using your fund immediately, or leave it unfunded awaiting the remainder distribution from your CRT.
The PCA Foundation is able to create and serve as trustee of a charitable lead trust that pays income to your Advise & Consult Fund, Increase Fund, or Single Charity Fund for distribution to one or more charities immediately or over time, and then at the end of the trust term distributes the remaining assets back to you (grantor lead trust, less common) or your beneficiaries (non-grantor lead trust, more common). A grantor CLT may serve well a person who has a large spike in income and marginal income tax rates in one year, and will have much lower income and tax rates in subsequent years. A non-grantor CLT serves well a person with an estate large enough to be subject to the confiscatory estate and gift tax since it can lower or even zero-out the taxable estate.
Discuss a Charitable Lead Trust
If you want just to discuss a possible charitable lead trust and how it might work and fit into your estate and gift plans, please contact us, and either our president or another complex gifts officer will respond ASAP.
Propose a Charitable Lead Trust
Follow these easy steps to create and fund a PCA Foundation grantor or non-grantor charitable lead trust.
Click here to read the important information about funding charitable lead trusts, and the requirements for deducting the funding as a charitable contribution only in the case of grantor CLTs.
Complete and submit the electronic CLT proposal form here.
We will review the information you submit, and produce and send to you an illustration of the economic and tax results of creating and funding a particular type of CLT, and the Foundation president or a complex gifts officer will call you to discuss trust and funding options.
We will provide to you a draft of a trust agreement, and instructions, account information, and draft transfer documentation for funding the trust.
Review the trust agreement and transfer documentation with your legal counsel; then, execute and return the trust agreement, and follow the instructions and execute the transfer documentation for funding.
If you do not have a Foundation donor-advised fund yet, open a fund. You can leave it unfunded awaiting the income distributions from your CLT.