A Charitable Remainder Trust involves irrevocable gifts placed in trust with the named beneficiary(ies) receiving a fixed income (in the case of an annuity trust) or a variable income (in the case of a unitrust) for life or for a term of years not to exceed 20. Like all charitable gift annuities and the pooled income fund, you avoid tax on capital gains when appreciated assets are placed in trust. Upon termination, the remaining corpus is made available to the mission and work of Nebraska Lutheran Outdoor Ministries. The minimum Charitable Remainder Trust gift is $100,000.

For more information on the Charitable Remainder Trust go to the ELCA Foundation web site.