Charitable Remainder Trust
You can establish a Charitable Remainder Trust (CRT) for the benefit of MPFS with Friends Fiduciary Corporation (FFC), a Quaker, non-profit organization providing socially responsible investment management services exclusively to Quaker meetings, churches, schools, and organizations, or with a commercial bank. CRTs provide income for one or more individuals for life or a term of years, and then a substantial gift to charitable organizations at the end of the term or the death of the last beneficiary. They can also provide significant tax savings or avoidance.
To learn more about CRTs, visit Charitable Remainder Trusts.