Charitable Planning Certain types of charitable trusts can provide a future benefit to charity or a foundation of your choice while at the same time, providing powerful tax benefits. Charitable Remainder Trusts are a tax-exempt entity which means if you transfer property into the trust; even if the basis of the property is zero, no taxes will be paid on the sale of the asset. In fact, just for transferring the property into the trust you will receive a tax deduction. In most cases, the tax deduction is equal to about 10% of the fair market value of the asset. Charitable Lead Trusts will shield a substantial amount of income from current taxation, as well as provide for strong asset protection.