By designating Tudor Place as your charitable organization of choice in a trust, you also create regular income for you and your beneficiaries. A charitable trust allows you to leave some or all of your estate through:

• A Charitable Remainder Trust (CRT) is a trust that provides you, the donor, with income for life or specific period of time and thereafter distributes the remaining assets to Tudor Place.  A CRT distribution often qualifies as a charitable income tax deduction and may decrease capital gains tax.
• A Charitable Lead Trust provides income to Tudor Place for a period of years, at its conclusion, the trust property typically passes to an heir.

Consult your financial advisor for current guidelines on federal estate tax deductions and capital gains taxes on gifts of appreciated value.