Charitable Remainder Trusts

Charitable Remainder Trusts

Long popular in the United States, charitable remainder trusts are growing in use in Canada as a way for donors to make a sizable commitment while maintaining the use of their assets for the duration of their life or the term of the trust.  Assets placed in the trust can include: cash, stocks, bond, securities and other investments.

If you establish a charitable remainder trust, you will receive a tax receipt for the present value of your assets calculated using life expectancy and prevailing discount rates at the time the trust is established.

 By establishing a charitable remainder trust, you will:

For more information on charitable remainder trusts, please contact Louise Yearwood, Executive Director, Alumni Affairs & Advancement at the address below, by email at louise.yearwood@utoronto.ca or by telephone at (416) 585-4501 or 1-888-262-9775.

This information is general in nature and does not constitute legal or financial advice, and should not be relied upon as a substitute for professional advice. We strongly encourage you to seek professional legal, estate planning and/or financial advice before deciding on your course of action.