				<h2>Description of Services</h2> 
 
	<p>The Charitable Trust may be an important solution in your planning&#8212;a way for you to make an irrevocable gift to charity while retaining a personal interest in the gift.  <br /> 
There are two basic types: <br /> 
<ul>
<li>charitable remainder interest to the charity and income payments to you and/or others, or </li> 
<li>income to the charity and remainder interest to you or others.</li> 
</ul></p> 
 
	<h2>Characteristics <br /> 
<ul>
<li>recommended for values over $250,000.00</li> 
<li>donations may include cash, securities and other investment interests, as well as real estate</li> 
<li>consult your own planned giving attorney or call for the name of a recommended attorney for the proper drafting of your charitable trust</li> 
<li>recommend your own investment advisor </li> 
<li>requires a trustee</li> 
</ul></h2> 
 
	<h2>Trustee Services </h2> 
 
	<p>Because a trust is a separate legal entity, a trustee must be named. We feel an experienced independent third party trustee such as WaterStone Support Foundation is best suited to help you through the complexities of your charitable trust. </p> 
 
	<p>WaterStone Support Foundation provides fiduciary oversight including:<br /> 
<ul>
<li>coordination with the donor&#8217;s legal, financial and tax advisors </li> 
<li>oversight of all beneficial interests</li> 
<li>distributions to income and charitable beneficiaries</li> 
<li>accounting</li> 
<li>annual reporting</li> 
<li>review and evaluation of trust performance</li> 
</ul></p> 
 
	<h2>Flexibility</h2> 
 
	<p>Add flexibility to your planned giving. Many families add flexibility to their charitable beneficiary designation by naming their own Donor Advised Fund at WaterStone to receive the charitable remainder interest from their trust.  </p> 
 
	<p>The Donor Advised Fund enables the donor to:<br /> 
<ul>
<li>recommend multiple favorite charities</li> 
<li>change charities as interests change</li> 
<li>name family successors</li> 
<li>recommend investment approach or investment advisor</li> 
</ul></p> 
 
	<h2>Pricing Schedule</h2> 
 
	<p>WaterStone offers its services as trustee of your charitable remainder trust at the following rates.  The annual fees below include <b>both</b> trust administration and trustee services.  </p> 
 
	<h3>Value of Trust Assets</h3> 
	<table> 
		<tr> 
			<td> From </td> 
			<td> To </td> 
			<td> Base Fee </td> 
			<td> Fee Rate </td> 
			<td> For Value Over </td> 
		</tr> 
		<tr> 
			<td> &#8211; </td> 
			<td> $100,000 </td> 
			<td> $1,000 </td> 
			<td> 0.005 </td> 
			<td> $ -0- </td> 
		</tr> 
		<tr> 
			<td> $100,001 </td> 
			<td> $1,000,000 </td> 
			<td> $1,500 </td> 
			<td> 0.005 </td> 
			<td> $100,000 </td> 
		</tr> 
		<tr> 
			<td> $1,000,001 </td> 
			<td> $5,000,000 </td> 
			<td> $6,000 </td> 
			<td> 0.002 </td> 
			<td> $1,000,000 </td> 
		</tr> 
		<tr> 
			<td colspan="2">Greater than $5,000,000 </td> 
			<td> $14,000 </td> 
			<td> 0.0006 </td> 
			<td> $5,000,000 </td> 
		</tr> 
	</table> 
 
	<p><b>In addition:</b> 
<ul>
<li>A 20% fee discount is deducted for Standard Trusts (straight pay-out) and Charitable Remainder Annuity Trusts (CRAT). </li> 
<li>Real Estate gifts to the trust: add $1,000 (only in year of donation). </li> 
</ul></p> 
 
	<p><b>Sample Fee Calculation: </b> 
<ul>
<li>Trustee fees for trust with assets of $250,000 at the beginning of the year would be: $1,500 + (($250,000-$100,000) x .005)) = $2,250</li> 
<li>Trustee fees for a Standard or CRAT would be $2,250 &#8211; ($2,250 * .20) = $1,800.</li> 
</ul></p> 
 
	<p>Click <a href="http://www.giftlaw.com/glcalc.jsp?WebID=GL2001-0318" title="here">here</a> to access the GiftLaw Calculator, which is used to run charitable deduction calculations.</p> 
 
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