If you want to make an impact now at Roots and Wings and also provide for your family later, consider setting up a charitable lead trust. You transfer cash or other assets to a trust that makes payments to Place of Hope for a period of time. When the term is up, the remaining trust passes to your family or other beneficiaries you select.
There are two ways that charitable lead trusts make payments to Roots and Wings:
A charitable lead annuity trust pays a fixed amount each year to Roots and Wings and is more attractive when interest rates are low.
A charitable lead unitrust pays a variable amount each year to Roots and Wings based on the value of the assets in the trust. With a unitrust, if the trust’s assets go up in value, the payments to Roots and Wings go up as well.
Legal name:
Roots and Wings, Inc.
Address:
7700 Congress Avenue, Suite 3212 Boca Raton, FL 33487
Federal tax ID number: 38-400863
Roots and Wings, Inc.
7700 Congress Avenue, Suite 3212 Boca Raton, FL 33487
Federal tax ID number: 38-4008636
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.