Gift annuities and unitrusts
Gift annuities and unitrusts are powerful financial tools that allow you to support charitable causes while securing income for yourself or loved ones.
- Flip CRUT: Consider a Flip Charitable Remainder Unitrust (CRUT) to generate lifetime payments for you or a designated recipient after your property is sold. You’ll receive an income tax deduction based on the present value of the remainder interest and leave a lasting legacy with IU, which will receive the remainder in the trust upon your passing.
- DCGA: If you opt for a Deferred Charitable Gift Annuity (DCGA) using your property, you’ll receive a fixed annual income for life for you and another beneficiary as desired. You’ll also gain eligibility for a federal income tax deduction. Plus, you’ll take advantage of potential capital gains tax savings on the property's appreciation.
Questions? Contact our team.