Charitable Trusts
There is an array of charitable trust arrangements which can offer important income and estate tax advantages. Among these are:
A Charitable Remainder Trust combines annual income for you, and a bequest to the Conservatory
Your gift is made to a trust created to provide you with annual income, and convey the principal of the trust to the Conservatory after your lifetime. There is a tax benefit, available in the year of the gift, that depends upon your age. Additional tax benefits may be available if the trust is funded with appreciated property.
Charitable Lead Trusts provide current income to the Conservatory, but preserve the trust assets for your family.
You can fund a trust created to provide the Conservatory an annual income for a period of years, and to pass the trust principal to your heirs. Significant estate and gift tax benefits are available.
To learn more, please call Laura Carleton at 781-749-7565 ext 14, or send an email to l.carleton@sscmusic.org.