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You may be looking for a way to provide your children with income while making a gift to Bethel University. The "give it twice" trust is a popular option that allows you to transfer your IRA or other asset at death to fund a term of years charitable remainder unitrust. We call this kind of unitrust a give it twice trust because you can use the trust to pay income first to your family for a number of years and then distribute the balance of the trust to charity.
If you have any questions about a give it twice trust, 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 give it twice trust 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.
Provides Tax Savings. The give it twice trust produces income and estate tax savings.
Promotes Fairness. The give it twice trust establishes a mechanism that will help you treat each of your children equally. This can help promote peace in your family.
Teaches Your Children. Give children income rather than a lump sum. Studies of inherited wealth have concluded that many children spend lump sum inheritances, whereas they learn to be more responsible with inheritances paid out over time.
Join us in raising the next generation of faith-filled leaders and adventurous Christ-followers. Your legacy gift will have a lasting impact for generations to come.