Charitable Remainder Unitrusts

You may be concerned about the high cost of capital gains tax upon the sale of your appreciated property. Or perhaps you recently sold property and are looking for a way to save on taxes this year and plan for retirement. A charitable remainder unitrust might offer the solutions you need.

Benefits of a Charitable Remainder Unitrust Gift
  • Income for life, lives or term of years.
  • Avoid capital gains on the sale of your appreciated assets.
  • Charitable income tax deduction for the remainder portion of your gift to the Fort Dodge Community Foundation.
  • Future legacy gift to support your favorite causes and charities.

Charitable Remainder Unitrust for Income 

A charitable remainder unitrust pays you income that reflects trust investments. There is the potential that your income could increase over time with growth in the trust.

There are several unitrust payout options to meet your needs:

  • The standard unitrust pays out a percentage of the trust assets each year.
  • Another payout option used commonly for real estate permits the trust to sell the property tax free and then begins paying you income after the property has been sold.