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Charitable Remainder Unitrust

You may be concerned about the high cost of capital gains tax upon the sale of your appreciated property.

Or perhaps you recently sold property and are looking for a way to save on taxes this year and plan for retirement. A charitable remainder unitrust might offer the solutions you need!

Benefits of a charitable remainder unitrust

• Income for life, lives, or term of years
• Avoid capital gains on the sale of your appreciated assets
• Charitable income tax deduction for remainder portion of your gift to The Rocky Mountain Conference of Seventh-day Adventists
• Future legacy gift to our organization

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 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. Our organization benefits from what remains in the trust after all the trust payments have been made.

Charitable Remainder Unitrust for Income

A charitable remainder unitrust pays you income that reflects trust investments. There is the potential that your income could increase over time with growth in the trust.

How to Select the Right Unitrust Payout for You

There are several unitrust payout options to meet your needs:

1. The standard unitrust pays out a percentage of the trust assets each year
2. Another payout option used commonly for real estate permits the trust to sell the property tax free and then begin paying you income after the property has been sold

Contact us

If you have any questions about a charitable remainder unitrust, please contact us. We would be happy to assist you and answer any questions you might have.