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.

How a Charitable Remainder Unitrust Works

When you transfer your stock or cash to fund a charitable remainder trust, you receive a charitable deduction at the time your gift is made. The trust pays you and loved ones income for life or a term up to 20 years. At the end of that time the remainder goes to help further the work of Fred Hutchinson Cancer Research Center.

Benefits of a Charitable Remainder Unitrust Gift

• Receive income for life, lives or term of years.
• Avoid capital gains on the sale of your appreciated assets.
• Receive a charitable income tax deduction for the remainder portion of your gift.
• Leave a future legacy gift to Fred Hutchinson Cancer Research Center.

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. A trust document needs to be prepared by an attorney and the trust must be administered by a trustee.

How to Select the Right Unitrust Payout for You

Two unitrust payout options may meet your needs:

• The standard unitrust pays out a percentage of the trust assets each year.
• 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.

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