Combine philanthropy, personal financial security, and tax benefits by establishing a donor advised fund, charitable remainder, or charitable lead trust through the Wealth Management Group of Stock Yards Bank & Trust Company. Working closely with you, your attorney, and your financial advisor, our wealth advisors will help you implement your charitable goals in a manner that best suits your estate plan’s giving strategy.
Donor Advised Fund
If giving is one of the family values that you want to pass along; we can help. With a gift of cash, appreciated stock, or other assets, you can establish a Donor Advised Fund in your family’s name. Then you and your family can provide financial assistance to the causes you care about the most.
Charitable Remainder Trust (CRT) & Charitable Lead Trust (CLT)
Utilizing a CRT or a CLT can allow you to:
- Support the causes you care about
- Defer or eliminate capital gains taxes
- Reduce income taxes and estate taxes
- Provide income for you or your beneficiaries
- Pass your assets on to beneficiaries with reduced estate taxes
- Retain assets with growth potential for future beneficiaries while making a capital campaign gift or providing current support to a specified charity
Pure Charitable Trust
A pure charitable trust can allow you to provide a perpetual source of income to meet the needs of those charities that you care most about.
Stock Yards Bank and Trust Company and its affiliates and the directors, officers, employees, and agents of Stock Yards Bank and Trust Company and its affiliates (collectively “SYB”) are not permitted to give legal or tax advice. While SYB can assist clients in the areas of estate and financial planning, only an attorney can draft legal documents, provide legal services and give legal advice. Clients of SYB should consult with their legal and tax advisors prior to entering into any financial transaction or estate plan. Because it cannot provide legal services or give legal advice, SYB’s services or advice relating to “estate planning” are limited to (i) financial planning, multi-generational wealth planning, investment strategy, (ii) management of trust assets, investment management and trust administration, and (iii) working with client’s legal and tax advisors in the implementation of an estate plan.