Red Cross Home
Site Search:

Home
About Us
Services
Take a Class
Nurse Training
Volunteer
Donate
Gift Planning
Gift Options
Legacy Society
Asset Options
PG Calc
FAQS
Glossary
Newsletters
Financially Prepare
News Room
Give Blood
BEPA
  
Donate Now
Charitable Remainder Annuity Trust
(A Stable Dose of Fixed Income)
 


How it works
  1. You transfer cash, securities or other appreciated property into a trust.
  2. The trust makes fixed annual payments to you or to anyone you name.
  3. When the trust ends, the principal passes to the Red Cross.
Benefits
  • You receive an immediate income tax deduction for a portion of your contribution to the trust.
  • As long as you are one of the beneficiaries, you pay no immediate capital gains tax on any appreciated assets you donate. A portion of the capital gains tax is spread over your life expectancy.
  • You or your designated income beneficiaries receive stable, predictable payments for life or a term of years.
  • You can have the satisfaction of making a significant gift that benefits you now and the Red Cross later.


© 2004-2007 American Red Cross, Greater Cleveland Chapter
3747 Euclid Avenue   Cleveland, Ohio   44115-2596
216.431.3010
Privacy Policy     info@redcross-cleveland.org