Charitable Remainder Unitrust

How It Works

• You transfer cash, securities, or other appreciated property into a trust. The required minimum for this type of gift is $100,000.
• The trust pays a percentage of the value of its principal, which is valued annually, to you or beneficiaries you name.
• You may use your real estate to fund a charitable remainder unitrust (CRUT), which may be structured to provide lifetime income for you and/or others, or income for a term of years.
• When the trust terminates, the remainder passes to the Elim Park Foundation in support of their overall mission.

Benefits

• Receive income for life or a term of years in return for your gift. 
• Receive an immediate income tax deduction for a portion of your contribution.
• Pay no up-front capital gains tax on appreciated assets you give.
• You may be able to make additional gifts to the trust as your circumstances allow for additional income and tax benefits.

• A Charitable Remainder Trust Can Customize Your Contribution!Opens new window

Next

• More detail about Charitable Remainder Unitrusts.
• Frequently asked questions on Charitable Remainder Unitrusts.
• Related Gift: Charitable Remainder Annuity Trust.
• Contact us so we can assist you through every step.