Charitable Trusts

A professional financial advisor can help you set up a charitable trust that will support Wellspring and provide financial benefits to you and your loved ones now and in the future.

  • A charitable remainder trust is established with funds or highly appreciated assets (i.e. stocks or property). Annual payments are made to the donor or designated person/s for a set period time (can be lifetime) upon which the remainder is passed on to Wellspring.
     
  • A charitable lead trust essentially works in the opposite way. Once the trust is established with funds or assets, annual payments are made to Wellspring for a set period of time, after which the remainder of the assets is given to the beneficiaries of the trust.

While complicated, chartiable trusts have many financial and tax benefits and may be an appropriate option for you to enjoy a steady income while making a meaningful planned gift to Wellspring. A trusted financial advisor can discuss all of your options and help you make an informed decision.

To discuss making a legacy gift to Wellspring, please email Kelly Pearson, Chief Development Officer, or call 206.902.4231.

Please let us know if you have already made a planned gift to Wellspring so we can publicly recognize you in our 1892 Legacy Circle!