Understanding Living Trusts

Charitable giving- Creating a Lasting Legacy

We all have personal reasons for giving to charity, but at the core of our intention is a common desire to share our good fortune with others. You may have the capacity and desire to give, but may need help in determining the most effective way to leave a lasting legacy.  At Capitol Securities Management, we can help you customize a giving program to meet your goals.

Effective Giving Techniques

• Personal and family foundations are a popular tool to responsibly and effectively transfer wealth from your estate to the charities you select. Foundations can be established to enable you and your family to give strategically over the years, building a lifelong commitment to philanthropy.
• A charitable remainder trust is another alternative that lets you defer capital gains taxes on highly appreciated assets, such as stocks and real estate. Planned gifts through a charitable remainder trust can reduce your estate taxes, provide an immediate charitable income tax deduction, increase your spendable income, and protect your family's financial future.
• Planned giving strategies can help you transfer substantial assets over a period of years without triggering the federal gift tax. Lifetime gifts can also be one of the most effective ways of minimizing estate taxes.
• Charitable giving not only benefits those in need, but also brings you and your family personal satisfaction.
• Charitable giving insures that your legacy lives on long after financial benefits are realized

• Key Differences in Donor Advised Fund and Private Foundations
• Pooled Income Funds, Charitable Remainder Trusts and Gift Annuities
• Quarterly Performance Report
• The Philanthropist

How You Can Avoid Probate, Save Taxes and More

1. I have a will. Why would I want a living trust?
2. What is probate?
3. What's so bad about probate?
4. Doesn't joint ownership avoid probate?
5. Why would the court get involved at incapacity?
6. Does a durable power of attorney prevent the court's involvement at incapacity?
7. What is a living trust?
8. How does a living trust avoid probate and prevent court control of assets at incapacity?
9. Do I lose control of the assets in my trust?
10. Is it hard to transfer assets into my trust?
11. Doesn't this take a lot of time?
12. Should I consider a corporate trustee?
13. If something happens to me, who has control?
14. What does a successor trustee do?
15. Who can be successor trustees?
16. Does my trust end when I die?
17. How can a living trust save on estate taxes?
18. Doesn't a trust in a will do the same thing?
19. Is a living trust expensive?
20. How long does it take to get a living trust?
21. Should I have an attorney do my trust?
22. If I have a living trust, do I still need a will?
23. Is a "living will" the same as a living trust?
24. Are living trusts new?
25. Who should have a living trust?
26. Summary of Living Trust Benefits