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Charitable Remainder Unitrust
How It Works
- You transfer cash, securities, or other appreciated property into a trust. Our 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 Kendal at Oberlin 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 donate.
- You can make additional gifts to the trust as your circumstances allow for additional income and tax benefits.
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