Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram

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 William Paterson 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 William Paterson

More Information

Contact Us

Judy Linder
Director of Major Gifts and Planned Giving
Phone: 973-720-2309
Email: linderj@wpunj.edu

 

William Paterson University Foundation
300 Pompton Road
Wayne, NJ 07470

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer