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Leading for the Future

Leading for the Future

Luke is a past member of our Board of Regents, and together with his wife Candice, spent many years supporting Bastyr. They wanted to give back in a way that would help fulfill our mission. At the same time, they were looking for a way to care for their family in the future.

Luke: We heard that with new lower rates, now is the best time in years to set up a charitable lead trust. We could fund the trust with cash or stock, and this trust would then pay income to Bastyr for a number of years, with the remainder of the trust value going to our children in the future.

Candice: We liked the fact that our children would be well cared for and that we could see the result now of our gifts to Bastyr.

Luke and Candice were also pleased to learn that taxes on the gift to their children would be significantly reduced by the added benefit of a gift tax charitable deduction. After the income was paid to Bastyr, the remaining trust value would go to their family with very little tax owed.

Luke: Candice and I found that by using a charitable lead trust we could accomplish our goals of helping both family and Bastyr during our lifetimes.

*Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization. Since your benefits may be different, you may want to click here to view an example of how you might benefit.


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