PROTECT YOUR ASSETS—CHARITABLE LEAD TRUST

If you want to make an impact now at the YMCA of South Hampton Roads and also provide for your family later, consider setting up a charitable lead trust. You transfer cash or other assets to a trust that makes payments to the YMCA for a period of time. When the term is up, the remaining trust passes to your family or other beneficiaries you select.

There are two ways that charitable lead trusts make payments to the YMCA of South Hampton Roads:

1. A charitable lead annuity trust pays a fixed amount each year to the YMCA of South Hampton Roads and is more attractive when interest rates are low.
2. A charitable lead unitrust pays a variable amount each year to the YMCA of South Hampton Roads based on the value of the assets in the trust. With a unitrust, if the trust's assets go up in value, the payments to the YMCA of South Hampton Roads will also go up.

The information provided is not intended as legal or tax advice. For such advice about your particular situation, please consult an attorney or tax advisor.