h2. Case History Stories

<b>Case History: Transforming Burdens Into Freedom </b>
<i>How to transform a piece of lackluster rental property and boost his clients' financial security?</i>  

That was the situation one financial advisor recently brought to WaterStone in behalf of his clients just in their mid-fifties.

Their older duplex in a mature neighborhood had been in the family for several generations, in need of repair, and more burden than blessing.  

The WaterStone team working with the client's own team, the introducing financial advisor and a personal attorney helped these North Carolinians discover the solution that best met their objectives: to eliminate the burden of a deteriorating building, trim capital gains consequences, increase lifetime income and benefit from an immediate charitable gift tax deduction.  

Before year-end, the duplex had been donated into a charitable trust, sold to neighbors, the net proceeds invested with the couple's own trusted financial advisor and they began receiving nearly double the original rent income.

Above all, they selected and recommended a handful of favorite local non-profits committed to helping children and youth to receive the charitable portion of their trust when it matures at the end of their lives.  Through their newly established family Donor Advised Fund (DAF) at WaterStone, distributions will be made to the Shriners Hospital, an orphanage and two respected local colleges for scholarships in their particular fields of interest.

By appointing their children as DAF successors, the entire family will experience the generational impact of a simple duplex tucked away in a quiet North Carolina neighborhood.
