Charitable Remainder Unitrust
How It Works
- You transfer cash, securities or other appreciated property into a trust.
- The trust pays a percentage of the value of its principal, which is valued annually, to you or beneficiary(ies) you name.
- When the trust terminates, the remainder passes to Johns Hopkins 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 upfront 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.
Next
- More detail about charitable remainder unitrusts
- Frequently asked questions on charitable remainder unitrusts
- Contact us so we can assist you through every step
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