Charitable Remainder Unitrust

You may be concerned about the high cost of capital gains tax with the sale of an appreciated asset. 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!

Charitable Remainder Unitrust

Stock or Cash

Unitrust

Donor

Bethel

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 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 Bethel University

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.

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.

If you have been so generous as to include a charitable remainder unitrust to Bethel University as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.

Former Trustee Stays Connected to Community through Giving

Church friendships inspired Neil Whitehouse to serve on Bethel University's Board of Regents. Today, the Whitehouses receive income that will continue through their lifetime from a CRUT that will also benefit their church and Bethel for years to come... Read more

Click here to learn more