Mary Tighe*, a lawyer in Connecticut, wants to support the work begun by John Shillito, MD, a neurosurgeon who saved her daughter's life 20 years ago. Ms. Tighe established a CRAT with real estate she had purchased in the early 1970s for $50,000. The real estate, now valued at over $1 million, will not be taxed at current capital gain rates when transferred into the trust and sold as a trust asset. The entire sale's proceeds can be reinvested for the trust's benefit. Ms. Tighe named herself as income beneficiary and Children's as the irrevocable remainder beneficiary. In addition to the satisfaction Ms. Tighe gets from supporting the fund established in Dr. Shillito's honor, her benefits include:

• An annual payout of 6 percent of the trust's value
• Diversified assets
• A significant charitable income tax deduction based on her federal income tax bracket
• Removal of $1 million in assets from her estate tax liability

*This donor's name has been changed to protect her anonymity.