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.
- When the trust terminates, the remainder passes to Voices Of Variety to be used as you have directed.
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 can make additional gifts to the trust as your circumstances allow for additional income and tax benefits.
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.
The material presented on this Planned Giving website is not offered as legal or tax advice.
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