Charitable Remainder Unitrust
How It Works
- You transfer cash, securities, or other appreciated property into a trust. The required minimum for this type of gift is $0.
- 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 Convoy of Hope to be used as you have directed.
- 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 give.
- You can make additional gifts to the trust as your circumstances allow for additional income and tax benefits.
© 2018 Convoy for Hope, is a 501(c)(3) tax-exempt organization (EIN: 68-0051386). All donations are tax-deductible where allowed by law. // Delivering HOPE since 1994.