Covenant Hospice has earned The Joint Commission’s Gold Seal of Approval™.

 

Administrative Office
5041 N. 12th Avenue
Pensacola, FL 32504
(850) 433-2155

 
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Charitable Remainder Annuity Trust

CRAT Diagram
Covenant Hospice

How It Works

  • You transfer cash, securities, or other appreciated property into a trust. Our required minimum for this type of gift is $100,000.
  • The trust makes fixed annual payments to you or to beneficiaries you name.
  • When the trust terminates, the remainder passes to Covenant Hospice to be used as you have directed.

Benefits

  • Receive income for life or a term of years in return for your gift.
  • Receive an immediate income tax deduction for a portion of your contribution.
  • Pay no up front capital gains tax on appreciated assets you donate.
  • Your trust can meet personal or family needs that are tied to a specific time frame, such as tuition payments.

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