Charitable Remainder Unitrust

A charitable remainder unitrust provides an income based on a percentage of the fair market value of the trust assets as determined annually.

Typically, a unitrust will be revalued at the start of each calendar year, and if the value of the trust principal increases, so does your income. Unitrust payments fluctuate with the market. Bluffton has partnered with the Mennonite Foundation and you can establish a unitrust with Bluffton with a gift $100,000 or more.

When you establish a charitable remainder unitrust, you receive an immediate income tax deduction for a portion of the gift, and this deduction can be used over as many as six consecutive tax years. If your gift is funded with appreciated assets, you can also reduce your capital gains liability.

If you have questions please contact a Bluffton development officer to run a charitable remainder unitrust illustration or using the gift planning calculator from the Mennonite Foundation - an Affiliate of Everence you can run an illustration yourself.