Years of hard work will continue to help the university
Jack and Lee Hiebert invested 38 years building their floral business. When they planned to retire and sell the building, they found capital gains taxes would keep them from the benefit of their lifetime of labor, including the ability to support charitable causes important to them. A charitable remainder trust from the FPU Foundation was their answer.
"We got a generous charitable deduction for income tax purposes which helped us greatly the first few years of retirement," says Jack.
"What we've worked hard for is not going to come to an end. When we go, we hope it continues to help the university," says Lee.
Planned giving benefits you, your family and the causes you care about:
- tax savings
- additional retirement income
- assets professionally managed
- contribute to the future of Christian leadership
Learn more about the benefits of charitable remainder unitrusts and other planned giving opportunities.