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| Property Turns Into Income |
Miranda Jackson lived in the family home where she and her husband had raised their three children. After her husband passed away, Miranda found it increasingly difficult to care for her property.
Miranda's grandson came often to visit and help Miranda with chores around the house. On one such visit, he helped Miranda "surf" on the Internet. Miranda enjoyed reading the weekly finance updates and donor stories on our web site. On one such visit, Miranda learned that she could make a gift of her home to St. Joseph Hospital and receive income for life.
Miranda: I called the gift planner and asked her how this charitable remainder trust works. She said that when the time came for me to move out of my home, I could give it to St. Joseph Hospital and set up a special kind of trust. The trust would provide me with income for the rest of my life and I would receive a tax deduction for my gift.
Miranda thought that she might want to move to a condominium with less upkeep. Her financial advisor reviewed the plan and said that the income Miranda received from the charitable remainder trust would be enough to cover her living expenses.
 Miranda:After surfing on some real estate web sites with my grandson, I found a condominium nearby that was perfect for me. I called the gift planner and said that I was ready to move out of my home and set up the charitable trust.
Miranda was thrilled that she could turn her property into income to meet her future needs and receive a charitable deduction for her gift.
Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization. Since your charitable trust benefits under federal rules may be different from this person, you may want to click here to view a color example of your gift benefits based on your age.
For more information please select one of the following options:
1. If you would like to view a color presentation of a plan similar to that for Miranda, please click one of these buttons.
2. If you have property and would like to see a color illustration with your property value and your ages, then please click here.
3. If you would like to request a printed illustration of a CRT with your payout rate, then click here.
4. You may print a CRT tri-fold brochure. The Overview and Benefits.
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