Questions? Contact Us
The Trustees of Reservations
572 Essex Street
Beverly, MA 01915
A charitable remainder trust is ideal for the donor who:
Assets donated to a charitable remainder trust are managed by an outside trustee. The trust pays income to you or other beneficiaries for a term of years or life, after which time the remaining assets come to The Trustees of Reservations. Trusts may be funded with cash, appreciated securities, or other property, such as real estate, and offer flexible income payments, to best meet your goals.
With The Trustees’ Charitable Remainder Unitrust, you select the payout rate (minimum 5%), based on the market value of the trust assets. The dollar amount varies from year to year, depending on the annual value of the trust. You can make additional gifts during the term of the trust.
The Trustees’ Charitable Remainder Annuity Trust pays a fixed dollar amount (minimum 5%) that you select when you transfer assets into the trust. The entire trust is funded at one time and cannot accept additional contributions.