• Useful where gifts are periodically given to charity.
  
  
• Advantages over periodic gifting to charity, because it enhances your ability to transfer tax free wealth to children and grandchildren.
  
  
• Control may be retained over the principal investment assets.
  
  
• Significant income tax deduction may be obtained in the year created and may, in some cases, be carried forward five years to the extent not used.
  
  
• Some gift will normally occur upon creation, which is dependent upon the value of what is deemed to pass to charity on creation. (Value is determined based upon actuarial tables.)
  
  
• Can be created before or at death.