Charitable Remainder Trusts

A charitable remainder trust pays income to a private beneficiary during the term of the trust, with the remainder passing to a charitable entity. Remainder trusts can be set up by will or during the donor’s lifetime. SGCF will accept designation as a remainder beneficiary of a charitable remainder trust but will not accept appointment as trustee of a charitable remainder trust unless such arrangement is approved by the Gift Acceptance Committee. SGCF shall not prepare charitable trust documents. Please see how the Montana Tax Credit could work for this gifting option.

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