Legacy of Love
Overview
If you are selling an appreciated asset and are concerned about capital gains, a Charitable Remainder UniTrust (CRUT) might be a good solution for you. Perhaps you have sold real estate and are looking to save on taxes and plan for the future. This irrevocable, tax-exempt trust generates income to you during your lifetime (and/or other named beneficiaries) and makes a tax-deductible donation to Jill’s House as part of your legacy. Please consult your financial advisor to set up a Charitable Remainder UniTrust.
How it works
- Fund a CRUT with cash, securities, and other property.
- Each year a CRUT distributes a fixed income to you and any other named non-charitable beneficiaries based on the balance of the trust assets.
- Additional contributions can be made to the CRUT over time.
- After the lifetime or term of the trust, the remainder is distributed to charitable remainder beneficiaries.
Benefits of a CRUT
- You and your beneficiaries can enjoy an income annually, semi-annually, quarterly, or monthly.
- Deduct your gift in the year you make it, even though it does not pass to your charity until the trust term ends.
- Your end-of-trust gift to Jill’s House creates a legacy of love for you and your family, while supporting the future of Jill’s House families.
The 2010 Society
The 2010 Society is a community of faithful partners who are making rest, renewal, and relationships part of their legacy. One of the easiest ways to make a 2010 Society gift is a Charitable Bequest, naming Jill’s House as a beneficiary in your will, trust, or retirement accounts, such as insurance policies, banking accounts, stocks, and bonds. Legacy gifts also include donations using Charitable Gift Annuities (CGA) and Charitable Remainder UniTrusts (CRUTs).
