Home » Ways to give » Gift & estate planning » Charitable remainder trusts »

Charitable remainder trusts

Student speaking to class
A common concern for many people, especially seniors, is that a large gift now or in their will may leave them or their loved ones short of future income. A charitable remainder trust (CRT) is one option for making a significant contribution while maintaining future financial security.
 
A CRT is any trust where all of a portion of the remaining trust assets are distributed to a charity at the trust's termination. For example, you may benefit greatly by transferring property to a trust that will eventually be a charitable gift to SFU.
 
If you’re considering a trust arrangement gift, we strongly recommend that you carefully review the implications with your financial advisor.  

Benefits to you

  • Gift is made during your lifetime or created through your will  
  • A charitable gift receipt provides tax savings
  • May permit gifting over time
  • Your gift is protected from challenges by other potential beneficiaries
  • Could result in favourable tax treatment of certain capital gains properties

Related Stories

While caring for her ailing father, Lorna experienced first-hand the gaps that exist within seniors' health care, particularly for patients with dementia.

When Barry and Guenther began thinking about their legacy, SFU seemed the natural choice for their bequests.

In 1967, Sylvia was 30, with a young daughter and no formal education. She’d once dreamed of being a teacher, but without a high school diploma, what was she going to do?