Specific benefits of a Charitable Remainder Unitrust are:
- An opportunity for you to make a gift to your church or other ministry.
- Annual payments for life to the donor(s).
- Eliminate capital gains taxes if appreciated stock or real estate is used to fund the trust.
- Charitable deduction for donor(s).
- Donor selects payment rate between 5% and 8% of trust market value recalculated each year.
A CHARITABLE REMAINDER UNITRUST is a way for a donor to convert cash or highly appreciated stock/real estate into a charitable gift which provides life payments to one or two people during their lifetime. After the remaining survivor has died the trust remainder principal can be used to establish a permanent endowment fund or distributed to designated charitable entities such as a church or a mission project. This charitable gift option is of particular interest to younger adults since it has a potential for increasing payments as the years go by.
If you would like more information or an illustration prepared based upon your personal situation please contact us.