Sale and Unitrusts

Are your appreciated assets (such as stock, bonds or real estate) producing little or no income? If you sell your appreciated assets, you will pay a large capital gains tax. A sale and charitable remainder unitrust may be the solution.

How a Sale and Unitrust Works
  • You give a portion of your asset.
  • The asset is sold, you receive cash and the rest goes to fund your charitable trust.
  • The trust will provide you with income for the rest of your life.
  • You receive a charitable deduction this year to offset your tax on the sale.
     
Benefits of a Sale and Unitrust
  • You get the cash you need to purchase another residence, travel or meet your daily needs.
  • The unitrust provides you with income for the rest of your life and future retirement.
  • The unitrust deduction gives you valuable tax savings that may reduce your tax bill this year.
  • When you pass away, the remaining value in the unitrust will create or support your charitable fund at the Fort Dodge Community Foundation.