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Charitable Remainder Unitrust

Sales of appreciated assets are often accompanied with high capital gains tax. You may have recently sold property and would like an option that saves the amount of tax you are required to pay, as well as one that provides income for retirement. A charitable remainder unitrust may offer the solution you need.

Benefits of 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
• Avoid capital gains tax on the sale of your appreciated assets
• Receive an immediate charitable income tax deduction for the charitable portion of the trust
• Establish a future legacy gift to a ministry

How a Charitable Remainder Unitrust Works

1. You transfer cash or assets to fund a charitable remainder unitrust.
2. In the case of a trust funded with appreciated assets, the trust will sell the assets tax-free.
3. The invested trust pays income to you or any other trust beneficiaries you select.
4. You receive an income tax deduction in the year you transfer assets to the trust.
5. The ministry you choose benefits from what remains in the trust after all the trust payments have been made.

Contact us

Our goal is to offer you the best, God-honoring solution for your financial legacy. If you have any questions about this or any other giving solution, please feel free to contact us. It would be our privilege to assist you and answer any questions you may have.