The most popular and flexible type of planned gift is a Charitable Remainder Unitrust (CRUT). To set up a CRUT, you transfer cash, securities or other appreciated property into a trust. The unitrust may pay income to multiple beneficiaries for a lifetime or for a term of up to 20 years. The trustee (either you or someone you assign) manages the trust assets and pays you, or others you choose, a variable income for life, or for a term of years. When the trust terminates, the remaining assets in the trust are transferred to the Miller-Dwan Foundation.

Some of the benefits of a Charitable Remainder Unitrust are:

• The trust assets are not counted as part of your estate for probate or estate taxes.
• A unitrust may be structured to accept gifts of assets that are temporarily liquid - such as real estate or a family business - which should not be donated for a gift annuity or an annuity trust.
• You receive a charitable deduction on your federal income tax for the charitable portion of the unitrust.
• You may be able to eliminate capital gains taxes.

Input Descriptions

Full Name. Please enter the full name of the donor as you would like it to appear on the report.

Transfer Value. Enter the combined fair market value of all assets you would like to transfer. This can be as little as $50,000 or as much as $100,000,000.

Payout Rate. Enter the Payout Rate as a percentage (e.g. 5.0, 6.23). This rate will be multiplied by the trust's asset value each year to compute your annual income. The lower the payout rate, the larger the deduction. This value must be between 5.0 and 50.0.

Beneficiary 1 DOB. Enter your date of birth as MM/DD/YYYY (e.g. 10/21/1932). The year must include the century.