Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram. Description of image is listed below.

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 Beaumont Health Foundation 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 Beaumont Health Foundation

More Information

Contact Us

Lawrence Ghannam, JD
Senior Director of Development
947.522.0112
Lawrence.Ghannam@corewellhealth.org

 

Beaumont Health Foundation
26901 Beaumont Blvd., Floor 5D
Southfield, MI 48033
Federal Tax ID Number: 38-1459362

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