Charitable Remainder Unitrusts

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Charitable Remainder Unitrusts
(Gift example*)

You are considering a gift to PENN Medicine of $250,000, but you are concerned about the capital gains consequences of liquidating assets, and reducing your and your spouse's cash flow.

You and your spouse, ages 70 and 68, own a small commercial building that has doubled in value and consequently generated several offers to purchase. You decide to place the building into a net-income unitrust that will pay 5% of the trust's value for your lifetime (initially from the rental income from the building, then a percentage of the proceeds of its sale) to the two of you. The remainder of the unitrust will go to PENN Medicine .

What are your benefits?

Comparison	Unitrust	Private Sale
Amount transferred	$250,000	$250,000
Capital Gains Tax (@15%):	0	$18,750
Net for reinvestment	$250,000	$231,250
First year's payment	$12,500	$11,562
Charitable deduction	$101,935	0
Tax savings @ 33% rate	$33,639	0
Total benefit, first year	$46,139*	$11,562
Unitrust payment plus tax savings from charitable deduction
Click here to calculate the benefits a unitrust would give you.
*This example is based on a factor that changes monthly. Contact our office for a personal illustration based on the latest rates.
Note: The Unitrust is not the only gift plan that pays you a return. Compare its benefits with those of the annuity trust and the gift annuity.

For more information

Email us, complete the personal illustration form, or call us at 215-898-9486 so that we can assist you through every step of the process.

PENN Medicine
Christine S. Ewan, J.D.
Director, Planned Giving
3535 Market Street, Suite 750
Philadelphia, PA 19104-3309
215-898-9486 | Fax: 215-573-2186
E-mail: cewan@upenn.edu

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