If you have built a sizable estate and also are looking for ways to receive reliable payments, consider a charitable remainder trust. This type of trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create. At the end of the trust term, the balance in the trust goes to Patient Airlift Services.
These types of gifts may offer you tax benefits and the option for income. There are two ways to receive payments and each has its own benefits:
The annuity trust pays you, each year, the same dollar amount you choose at the start. Your payments stay the same, regardless of fluctuations in trust investments.
The unitrust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. The amount of your payments is redetermined annually. If the value of the trust increases, so do your payments. If the value decreases, however, so will your payments.
Your payments depend on your age at the time of the donation.
If you are younger than 60, we recommend that you learn more about your options
Legal name: Patient Airlift Services
Address: 7110 Republic Airport, 2nd Floor, Farmingdale, NY 11735
Federal tax ID number: 27-2370028
• Cash Appreciated • Securities • Closely Held Stock • Tangible Personal Property
Our planned giving team would be happy to speak with you in confidence, with no obligation.
Already included us in your estate plan?