Minnay Development Foundation

Donations

Remainder

Remainder

Charitable Remainder Trust

Advantage to Donors:
Many different types of valuable assets may be sold through a unitrust to provide income for life or a period of up to 20 years to the donor or the donor's designate
Later, when the trust terminates, the trust assets can benefit the donor' s favorite charitable program like The Foundation.
Generally the sale of valuable assets through a unitrust will avoid the capital gains tax on any appreciation, reduce or avoid estate taxes, and eliminate the need to probate assets placed in the trust.

The transfer of assets to a unitrust is deductible in part for income tax purposes.

Sale of valuable assets through a unitrust is often more beneficial than either keeping the assets or transferring them in a taxable sale. The unitrust enables an individual to be philanthropic while also meeting his or her own retirement or other needs with inflation-sensitive income payments.

Many donors choose to use some of the tax savings and cash flow from the unitrust to replace the gift asset for family and heirs.

A unitrust can be used to transfer control of a family business or to transfer property management responsibility for problem assets.

Unitrusts are also used to increase cash flow, generate tuition payments for children or grandchildren, or provide support for elderly or handicapped family members. At the same time they create a sizeable future gift for The Foundation.

Unitrusts may allow donors to diversify assets tax-free while protecting them from creditors

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Remainder	Remainder
	Charitable Remainder Trust Advantage to Donors: Many different types of valuable assets may be sold through a unitrust to provide income for life or a period of up to 20 years to the donor or the donor's designate Later, when the trust terminates, the trust assets can benefit the donor' s favorite charitable program like The Foundation. Generally the sale of valuable assets through a unitrust will avoid the capital gains tax on any appreciation, reduce or avoid estate taxes, and eliminate the need to probate assets placed in the trust. The transfer of assets to a unitrust is deductible in part for income tax purposes. Sale of valuable assets through a unitrust is often more beneficial than either keeping the assets or transferring them in a taxable sale. The unitrust enables an individual to be philanthropic while also meeting his or her own retirement or other needs with inflation-sensitive income payments. Many donors choose to use some of the tax savings and cash flow from the unitrust to replace the gift asset for family and heirs. A unitrust can be used to transfer control of a family business or to transfer property management responsibility for problem assets. Unitrusts are also used to increase cash flow, generate tuition payments for children or grandchildren, or provide support for elderly or handicapped family members. At the same time they create a sizeable future gift for The Foundation. Unitrusts may allow donors to diversify assets tax-free while protecting them from creditors








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