Penn Medicine

Penn Medicine Planned Giving

Charitable Remainder Unitrust

A charitable remainder unitrust pays the beneficiary a fixed percentage of the principal of the trust as it is revalued annually. This type of trust provides the donor with the flexibility to make additional gifts to the trust.

Charitable Remainder Unitrust

unitrust chart

How It Works    

  1. You transfer cash, securities or other appreciated property into a trust.   

  2. The trust pays a percentage of the value of its principal, which is revalued annually, to you or your designated beneficiaries.   

  3. When the trust terminates, the remainder passes to Penn Medicine.

Benefits

  • You receive an immediate income tax deduction for a portion of your contribution to the unitrust.

  • You pay no up-front capital gains tax on appreciated assets you donate.

  • You or your designated beneficiaries receive payments for life or a term of years.

  • You can make additional gifts to the trust, as your circumstances allow, and qualify for additional tax deductions.

  • You have the satisfaction of making a significant gift that benefits you now and Penn Medicine later.

 

For More Information

E-mail or call us at 215-898-9486.