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John Scott Kerr
Director of Planned Giving
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Kent Parents

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Charitable Remainder Annuity Trust
(Gift example*)

Example

A 70-year-old donor in the 35% tax bracket establishes an annuity trust with $100,000 of appreciated stock, originally purchased for $10,000. Trust pays donor 6.0% of the initial value as an annuity for life. Trust earns an 8.0% average total return. Assume IRS discount rate of 5.8%.

Trust principal

$100,000

Income tax deduction

$47,168

Income tax savings (35%)

$16,589

Cap. gains tax savings (15%)

$13,500

Annual income

$6,000

Projected after-tax benefit to donor

$70,247

Projected benefit to Kent School

$160,649

PLEASE NOTE: These examples are for illustrative purposes only and are not intended as legal or tax advice. Consult your own legal and tax advisors prior to making any material decisions based on this data.


For more information

Email us, complete the personal illustration form, or call us at 860-927-6023 so that we can assist you through every step of the process.




Office of Planned Giving
Kent School
P.O. Box 2006
Kent, CT 06757
860-927-6023 | 877-770-KENT | Fax: 860-927-6027
E-mail: kerrj@kent-school.edu




                                Kent School Alumni and Development Office, P.O. Box 2006, Kent, CT 06757
                               Phone: 877-770-KENT Fax: 860-927-6027 email: alumni@kent-school.edu
                                           For inquiries regarding this site, contact: webcoordinator@kent-school.edu