Do you want to benefit from the tax savings that result from supporting Hadassah, yet you don't want to give up any assets that you'd like your family to receive someday? Consider a charitable lead trust.
You give assets (typically $1,000,000 or more) to a trust that makes payments to Hadassah for a specified term, measured either by someone's life or a selected number of years. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. If the assets return to you, you receive an income tax deduction when the trust is created. If the assets pass to your heirs, estate or gift taxes on the value of the gift may be reduced or eliminated.
- Support Hadassah while also making sure your family is taken care of after your lifetime.
- The tax savings from a charitable lead trust may allow you to provide significant support for Hadassah at minimal cost to your heirs.
Naming a Trustee
A trustee must be named for the proper management and administration of your charitable trust. You may choose a bank or trust company, a financial advisor, a trusted individual, or—in some cases—you can serve as trustee. Hadassah does not serve as trustee of charitable lead trusts.
Ask Your Lawyer
The technical complexities of a charitable lead trust require careful consideration. To discover whether a charitable lead trust is right for you, please contact your estate planning attorney.
Calculate Your Benefits
Submit a few details and see how a charitable lead trust can benefit you.
- Contact us at 800-428-8884 or firstname.lastname@example.org with any questions.
- Seek the advice of your financial or legal advisor.
- Please use our legal name, address and Federal Tax ID if incorporating Hadassah into your estate plans.
|Legal Name:||Hadassah, The Women's Zionist Organization of America, Inc.|
|Address:||40 Wall Street, New York, NY 10005|
|Federal Tax ID No.:||13-1656651|
The information and content contained herein are intended for educational purposes only and are not intended to provide legal, tax or other professional advice or to be relied upon. We encourage you to consult with an attorney, tax advisor or accountant.
California residents: Annuities are subject to regulation by the State of California. Payments under this agreement, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department.
South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under this agreement, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance. Hadassah’s criteria to establish a charitable gift annuity: minimum age: 60; minimum gift: $5,000. A copy of our most recently filed financial report is available from the Charities Registry on the New York State Attorney General’s website ( www.charitiesnys.com) or, upon request, by contacting the New York State Attorney General, Charities Bureau, 28 Liberty Street, New York, NY 10005, or us at 40 Wall Street, New York, NY 10005. You also may obtain information on charitable organizations from the New York State Office of the Attorney General at www.charitiesnys.com or (212) 416-8401.