b'Charitable Remainder TrustsA charitable remainder trust is a tax-savvy way to increase your current income while you provide a generous gift for the Universitys future. Through this trust, donors transfer money, stock, or other property to a trustee. The trustee then pays you and/or your spouses income for life. After the lifetime payments have been made, the trustee transfers the remaining amount in the fund to the University for the specific purpose designated when the trust was created. In addition to the lifetime of income, both the annuity trust and the unitrust offer a number of benefits.The donor receives a substantial federal tax deduction upon the creation of the trustNo capital gains tax liability is incurred upon the transfer of appreciated property to fund the trustThe beneficiaries receive the benefit of the professional investment managementThe creation of the trust reduces the property which must be administered in the donors estate and results in favorable estate tax treatment.BequestsFranklin University can be named as a beneficiary in your willin any one of a number of simple ways. Outright gift, either a designated dollar amount or percentage of your estate can be specifiedA contingent bequest or remainder interestEasily add Franklin University to your will through an amendment to your will, called a codicil, to avoid a complete redraft of your willIncluded information is for informational purposes only. Please contact your tax advisor for advice on these plans.'