January 24th 2017
Due to inclement weather the College will have a delayed opening. The College will open at 10am today. Please drive safely.
A charitable remainder trust is an arrangement in which a donation is made to the College and held in trust while you, or loved ones, continue to receive income. The trust can have a fixed annual payment (annuity trust) or a payment that is a percentage of the value of the trust, varying from year to year (unitrust). Upon the death of the last income beneficiary, the trust's assets are distributed to Hampshire to be used for the purposes you designated.
Trusts may be funded by gifts of cash, securities, or real estate. You may specify that payments from the trust be made to you and/or one or more other individuals for life or for a specific period. This gives you the option to support your loved ones after you are gone.
A charitable remainder trust is an excellent way to implement a supplemental retirement plan or to help your family protect intergenerational wealth from gift and estate taxes. Once your charitable remainder trust is established, let us know, and you'll enjoy the benefits of membership in the Harold Johnson Society.
To learn more, please contact us.