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Charitable Remainder Trust

To establish this form of life income agreement, you need to make a gift of $50,000 or more to the Seminary.  Income from your gift is paid to you, or another beneficiary you name, for life or a specified term of years.  Upon termination of the trust, the property remaining will be used by the Seminary for the purpose you have specified.  There are two types of charitable remainder trusts:

4 Unitrust:  income fluctuates annually with the fair market value of the trust. 
4 Annuity trust:  income payments are fixed and determined when the gift is made, which is attractive to individuals who wish to avoid risk.  

Advantages of a Charitable Remainder Trust

4 You will receive income for life or for a specified term of years. 
4 If you make your gift with low-yielding securities or other assets, you may actually increase your current income. 
4 If you make your gift with appreciated securities or other assets, you may avoid capital gains taxes. 
4 You will receive an immediate income tax charitable deduction. 
4 You may reduce your estate tax. 
4 You will have the satisfaction of supporting a Seminary program important to you. 
4 You will be invited to join the DeMent Society

* Seek the counsel of your financial or legal representative for information relative to your particular situation.

New Orleans Baptist Theological Seminary
Office of Development
3939 Gentilly Blvd.
New Orleans, LA  70126

1-800-662-8701, ext. 3252