Ways to Give

Charitable Remainder Trusts (CRTs).  The basic purpose of a CRT is to benefit a non-charitable beneficiary or beneficiaries for life or for a period of time with the balance of the trust going to the charity when the beneficiary passes away or the designated period of time elapses. There are tax advantages to the establishment of such a trust during one’s lifetime, as well as a tax benefit within an estate plan.

Charitable Lead Trusts (CLTs). In a CLT, the charity benefits from a designated income stream for a period of time (approximately 25 years). Then the trust corpus reverts to a designated beneficiary without additional tax consequences. These can be established as a current charitable vehicle or used in an estate plan.

Gifts of stock. To arrange, please call Lydia Manfreda, Administrator, at (614) 876.0084.

Life Insurance or Irrevocable Life Insurance Trusts. Glenmont can be named as a full or partial beneficiary of a Life Insurance Policy.

Please note that this information does not constitute legal advice. We are happy to answer questions and provide details about our services, but please contact a lawyer or estate planner to set up these methods of giving.