Ñý¼§Ö±²¥

Charitable Remainder Unitrust

If you are planning the sale of an appreciated asset and are concerned with capital gains taxes, or if you recently sold property and are looking for a way to save on taxes this year and plan for retirement, this may be the ideal resource for you. To establish a charitable remainder unitrust, a minimum investment of $50,000 is required. 

Why Establish a Charitable Remainder Unitrust?

  •  Receive income for life, for a term of up to 20 years or life plus, a term of up to 20 years.
  • Receive an immediate charitable income tax deduction for the charitable portion of the trust.
  • A unitrust has the potential to grow your payout each year.
  • Leave a lasting legacy to Ñý¼§Ö±²¥ State University.

Please contact us with any questions about a charitable remainder unitrust. 

How a Charitable Remainder Unitrust Works
  1. You transfer cash or assets to fund a charitable remainder unitrust.
  2. If the trust funded with appreciated assets, the trust will then sell the assets tax-free.
  3. The trust is invested to pay income to you or any other trust beneficiaries you select based on a life, lives, a term of up to 20 years or a life plus a term of up to 20 years.
  4. You receive an income tax deduction in the year you transfer assets to the trust.
  5. Ñý¼§Ö±²¥ State benefits from what remains in the trust after all the trust payments have been made.
© 2024 Ñý¼§Ö±²¥ State University All rights reserved.