Philanthropic Solutions for individuals & families

Your direct gift delivers immediate tax advantages, and ensures that your generosity supports your top philanthropic priority.

How we can help

Your Philanthropic Solutions team will help you receive the optimum benefits, and:

• Assist you in selecting the appropriate assets for gifting.
• Integrate your gift with other charitable giving strategies.
• Ensure that your instructions are executed in a timely manner.
• Facilitate gifts to selected charities.

Your Philanthropic Solutions Advisor has the experience and resources to help maximize available tax benefits as well as complete the special valuations required by law.

A charitable lead trust allows you to provide a stream of payments to charity and to pass wealth on to future generations, incurring minimal or no transfer taxes. Typically, this type of trust is funded with assets you do not currently need, but wish to keep in your family.

Generally, donors do not receive income tax deductions for transfers to a charitable lead trust. The transfer value is discounted and determined at the time the trust is funded. As a result, the donor pays gift or estate taxes only on the discounted value. If a charitable lead trust is funded with assets that are expected to increase in value, it is an effective tool for transferring wealth, while benefiting a charity and reducing gift and estate taxes.

How we can help

Regions Philanthropic Solutions team can help you establish a charitable lead trust that:

• Is funded with appropriate assets.
• Makes payments to charity.
• Passes to your beneficiaries after a specified period of time.

When you create a charitable remainder trust, you'll place cash or appreciated assets in trust that eventually pass on to a specified charity, either at your death or at the death of the beneficiary. Until that time, the trust pays either you or your beneficiary a stream of income.

A common strategy includes replacing the assets used to fund the trust with investments producing a higher income. With this strategy:

• You're not responsible for capital gains tax on the sale of the original assets.
• A charitable remainder trust is a powerful way to give back while securing financial benefits for yourself. By transferring appreciated assets into a charitable remainder trust, you can enjoy an immediate income tax deduction, avoid upfront capital gains taxes, and receive steady income for life or a set term. When the trust ends, the remaining assets go to the charity you care about most—creating a lasting legacy of generosity and impact
• When the trust is funded, you may qualify for a charitable income tax deduction.

How we can help

Your Philanthropic Solutions Advisor can help you with the complex analysis needed to determine which type of charitable remainder trust might be right for you:

• Annuity trust: Receive payments determined by the value of the trust when it is funded. This amount is a minimum of five percent of the initial valuation. You can count on a reliable income stream every year.
• Unitrust: Receive payments based on a fixed percentage, rather than a fixed amount. Your payment is a minimum of five percent of the trust's market value, based on an annual valuation.

A private foundation is a proven method of reducing estate and income taxes, as well as a means to contribute to a number of charities over time. Administering a foundation can be a complex and time-consuming task.

How we can help

For many of our clients, Regions handles administration and portfolio management as trustee or investment manager, while family members retain control of the philanthropic activity.

Depending on your needs, our team can:

• Review trust documents.
• Calculate annual distribution requirements.
• Assist state and federal tax reports.
• Assist with philanthropic activity.