Tom and Kipp Gutshall are thoughtful planners with a heart for others.
"A number of years ago while discussing how we might continue to help Cityteam as we moved into the retirement phase of our lives, we began to consider the use of a Charitable Remainder Trust. We knew Cityteam's work and had been involved with the organization since shortly after we had arrived in California. Their mission, goals and programs were perfectly aligned with ours as to how Christians are to be involved with and helping those in need of the basic necessities in life. They were changing lives on a daily basis, just as Christ had commanded.
Within a few weeks we had discovered the route we wished to follow and had spoken with Cityteam about the establishment of the Trust. The objectives of sharing the growth of the Trust with Cityteam while drawing a modest income stream each year matched our desired goals. That was in 1990. We have seen all of our objectives achieved to date. It has been a gratifying experience to partner with Cityteam in the wonderful work they do - both now and into the future. It is an investment worthy of consideration."
A Charitable Remainder Trust like Tom and Kipp's allows you to make a gift, receive regular payments that may increase over time, and defer or eliminate capital gains tax. It is one of many ways to support the work of Cityteam through your estate.
This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice.
For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.
Certain Design/Style Elements: © Copyright Oneicity