The term "unitrust" may sound intimidating, but charitable remainder unitrusts offer an efficient, flexible approach to planned giving. An individually managed trust can be tailored to meet your special needs and objectives.

Here's how a unitrust works:

• The suggested minimum for establishing a unitrust is $100,000 or periodic gifts totaling that amount.
• The donor receives a percentage of the trust assets’ annual fair market value.
• The payout rates currently offered by Carleton vary from 5% to 7%.
• The donor receives a charitable income tax deduction ranging from approximately 35% to 55% of the gift amount.
• Assets commonly used to fund unitrusts include:
  • Cash
  • Stock
  • Mutual Fund shares
  • Real property

• Special strategy considerations:
  • Excellent way to simplify management of assets
  • Enhances income from appreciated assets
  • Provides a hedge against inflation
  • Avoids capital gains taxes
  • Reduces income taxes

For more information

To learn more about charitable remainder unitrusts, or to see an illustration tailored to your specific circumstances, please contact our Office of Major and Planned Giving.