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 BIDMC 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 BIDMC

More Information

Contact Us

Kim Hardy Erskine
Director of Planned Giving
Office of Development
(617) 667-7327
plannedgiving@bidmc.harvard.edu

 

Beth Israel Deaconess Medical Center
330 Brookline Avenue (OV)
Boston, MA 02215

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