Charitable Remainder Trust
Charitable remainder trusts are attractive to many because of the wide range of assets that may be donated: publicly traded securities, real estate, collectibles and more. These trusts are individually invested and can be tailored to your personal situation. Charitable remainder trusts may be established to provide lifetime income for you and/or others, or for a set number of years (maximum 20 years). After the trust terminates, all or a portion of the remaining trust principal is received by Mother Seton Academy. You are also entitled to substantial tax and financial benefits when you establish a charitable remainder trust.
If you would like to learn more about how you and Mother Seton Academy can benefit from a charitable remainder trust, please contact the development office at 410-563-2833.
Gifts of Real Estate
Your home, vacation home or other real property may have increased in value considerably over the years, thereby increasing your capital gains tax exposure if you were to sell the property. By making a gift of this property to Mother Seton Academy, you may benefit from an avoidance of capital gains tax liability and receive an income tax deduction on the gift of the property. Additionally, you may be relieved of the carrying costs associated with your real estate (e.g. property taxes, insurance, maintenance).
If you would like to learn more about how you and Mother Seton Academy can benefit from a gift of your real estate, please contact the development office at 410-563-2833.