Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram

How It Works

  1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
  3. Remainder to TNYBF for purposes you specify

Benefits

  • Payments to one or more beneficiaries, varying annually with the value of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust is established; property is sold by the trust
  • Trust remainder will provide generous support for TNYBF

More Information

Contact Us

Deborah A. Auspelmyer
Foundation Executive
dauspelmyer@tnybf.org
Phone: (518) 487-5650

 

The New York Bar Foundation
One Elk Street
Albany, NY 12207

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