Bequest Charitable Gift Annuity—Immediate Charitable Gift Annuity—Deferred Charitable Lead Trust Charitable Remainder Annuity Trust Charitable Remainder Unitrust Life Insurance Retirement Plan

Related Links

 · 

Gift illustration

 · 

Complete gift description

 · 

Who should serve as trustee?

 · 

UVA Endowment

 «

Back

Charitable Remainder Unitrust
(Gift example*)

Example

A 60 year-old donor in the 33% tax bracket establishes a unitrust with $200,000 of appreciated stock, originally purchased for $100,000. The unitrust pays donor 5.0% of the trust assets re-valued annually for life and earns a 6.0% average total return. Assume an IRS discount rate of 2.2% in the month the trust is created and that the Rector and Visitors of the University of Virginia serve as trustee.

Trust principal

$200,000

Income tax deduction

$76,204

Income tax savings (33% federal: 5.8% state)

$28,083

Income (Year 1)

$10,000

Projected after-tax benefit to income beneficiary

$165,235

Projected benefit to Law School

$253,947

PLEASE NOTE: This example is for illustrative purposes only and is not intended as legal or tax advice. Please contact our office for a more personalized estimate based on your unique situation.

For more information

Email us, or call us at 877-307-0158 (toll free) or 434-924-4514 (direct) so that we may answer your questions and help you through the process.


The materials provided in this website and the examples contained herein are for illustration purposes only and are not intended as legal or tax advice. We encourage you to consult your own legal and tax advisor.