The University of Maine DigitalCommons@UMaine University of Maine Alumni Magazines University of Maine Publications Spring 2000 Maine, Volume 81, Number 1, Spring 2000 University of Maine Alumni Association Follow this and additional works at: https://digitalcommons.library.umaine.edu/alumni_magazines Part of the Higher Education Commons, and the History Commons Recommended Citation University of Maine Alumni Association, "Maine, Volume 81, Number 1, Spring 2000" (2000). University of Maine Alumni Magazines. 402. https://digitalcommons.library.umaine.edu/alumni_magazines/402 This publication is brought to you for free and open access by DigitalCommons@UMaine. It has been accepted for inclusion in University of Maine Alumni Magazines by an authorized administrator of DigitalCommons@UMaine. For more information, please contact
[email protected]. (jiving ... and Receiving ((I want to encourage others to 1 look at charitable giving as an estate planning option. A charitable remainder trust is an excellent way to give and a good way to receive income from existing assets.” -Dr Robert D. Buchanan ‘44 Dr Robert D Buchanan ‘44 and his wife Pearlee Buchanan at Reunion ‘99 r. Robert D. Buchanan ‘44 has arrangement that provides a lifetime always been grateful for the income and, upon his death, creates a Deducation he received at the Universityscholarship fund. of Maine. He wants to make certain that In addition to providing a generous future generations of students have the lifetime income, the charitable remainder educational opportunities that he had. unitrust helped Dr. Buchanan remove With help from his financial advisor, assets from his estate, avoid capital gains Dr. Buchanan established a charitable taxes and receive an income tax remainder unitrust with appreciated charitable deduction based on the present assets.