GIFT PLANNING

Charitable Remainder Trusts

A charitable remainder trust is a gift instrument whereby property is irrevocably transferred into a trust. The donor receives certain tax benefits in addition to creating an income stream for him/herself and/or others named in the trust document. Upon termination of the trust, the remainder interest will be used by Towson University Foundation, Inc. as specified by the donor.

Donors who establish charitable remainder trusts are eligible for membership in Towson's Tower Light Society.

To find out more about charitable remainder trusts, please contact Donna Mayer, Senior Director of Gift Planning, at 410-704-3375, 1-866-301-3375, or dmayer@towson.edu

 

The information on this Web site is not intended as legal, tax or investment advice. Please consult an attorney, tax professional or investment professional for such advice.

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