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If you want to take a longer-term approach to charitable giving, while incorporating your gifts in planning for your estate, you might want to consider establishing a charitable remainder trust. Under this arrangement, you’d place some assets, such as stocks or real estate, into a trust, which could then use these assets to pay you a lifetime income stream. When you establish the trust, you may be able to receive an immediate tax deduction based on the charitable group’s “remainder interest” — the amount the charity is likely to ultimately receive. (This figure is determined by an IRS formula.) Upon your death, the trust would relinquish the remaining assets to the charitable organization you’ve named. This type of trust can be complex, so to create one, you’ll need to work with your tax and legal advisors.This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.• Locally Owned & Operated • Surveillance Cameras• Well Lit• 24/7 Access• Long-term rates• Regular units or climate-controlledwww.SGFinchContracting.net 919•427•4691919•557•0375 or www.AbundantSpaceSelfStorage.comwww.suburbanlivingmag.comSuburban Living Fuquay-Varina | Page 27•Basement Excavating• Foundation Backfilling •Lot Clearing•Backyard Renovations •Organic Debris Removal •Erosion Control•Demolition and Removal• Asbestos Inspection & RemovalHauling:•Topsoil•Fill Dirt•Sand / Gravel / Crushed StoneAt Home In Fuquay-VarinaWhile the tax benefits associated with charitable giving are significant, they should not, ultimately, drive your gifting decisions. You should also consider the effect your gift will have on the other areas of your estate considerations — so make sure you communicate your plans to your family members.In any case, though, be as generous as you can this holiday season and in the years to come. Your generosity will be a rewarding experience — for everyone.Edward Jones, itsemployees and financial advisors are not estate planners and cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation.