Comparing Alternatives

Choosing the Alternative That’s Right for You

Charitably minded individuals and families are fortunate in that there are many avenues for making contributions to worthy organizations. For most, the destination is the same – supporting worthy causes. How each person gets there is unique.

For some, the concern over giving highly appreciated assets and the desire for tax benefits is strong. Others seek the lifetime income their gifts can still provide them. Some can afford the expense of hiring an attorney to develop a trust. For many, however, cost is a concern.

In general, pooled income funds are typically compared to charitable remainder unitrusts, charitable remainder annuity trusts and charitable gift annuities. Although somewhat similar, there are critical differences.

	Pooled Income Funds	Charitable Remainder Unitrust	Charitable Remainder Annuity Trust	Charitable Gift Annuity
Start-Up Fees	No	Yes	Yes	No
Attorney Needed to Draft Trust	No	Yes	Yes	Yes
Lifetime Income Potential	Yes	Yes	Yes	Yes
Capital Gains Tax Savings	Yes	Yes	Yes	Some - bargain sale rules apply
Ability to Fix Income Payout	No - determined by investment returns	Yes - 5% min. and 50% max.	Yes - 5 % min. and 50% max.	No - generally based on ACGA rates
Reduction in Taxable Estate	Yes	Yes	Yes	Yes

Raymond James Pooled Income Funds are ideal for those who want to receive income for life and support charity, yet would rather forego the time and expense involved with other alternatives.

Next: Benefits to Consider

Privacy Notice | © 2008 Raymond James Financial, Inc. All rights reserved.