Unitrust and Special Needs Trust

A unitrust and special needs trust is a plan you can fund that will provide payments from a charitable remainder trust to a special needs trust to support your loved one and leave a lasting gift to our community.

If you are looking for a way to provide for a loved one who has special needs, and also leave a legacy gift for our community, a charitable remainder unitrust and a special needs trust arrangement could help you achieve your objectives.

Benefits of a unitrust and special needs trust

• Establish a way to provide for your loved one
• Avoid capital gains if the unitrust is funded with appreciated assets
• Receive an immediate charitable income tax deduction for the charitable portion of the unitrust
• Leave a legacy gift to our community

Unitrust and special needs trust video

How a unitrust and special needs trust works

1. You transfer cash or assets to fund a charitable remainder unitrust.
2. The unitrust is invested and will make payments to the special needs trust for your loved one's lifetime or a term of up to 20 years.
3. You receive an income tax deduction in the year you transfer your assets to the unitrust.
4. Our community benefits from what remains in the unitrust after all payments have been made.

Contact us

If you have any questions about how a charitable remainder unitrust and special needs trust work, please contact us. We would be happy to assist you and answer any questions you might have.