A Charitable Remainder Unitrust is a planned giving tool that pays an income to one or more beneficiaries for life or for a term of years, with the remaining value eventually going to ministry.
You contribute cash or appreciated assets to the trust, receive an immediate charitable deduction for a portion of the value, and the trust pays a fixed percentage of its value to you or loved ones each year.
Because the trust itself is generally tax-exempt, appreciated assets can often be sold and reinvested inside the CRUT without immediate capital gains tax, providing diversification and potential growth.
At the end of the trust term, whatever remains passes to the ministries you have named, creating a significant future gift for Gospel impact.
Benefits of a Charitable Remainder Unitrust
- Provides an income stream for you or your loved ones.
- Offers a charitable deduction and potential capital gains tax advantages.
- Creates a future gift for ministry from assets you no longer need to hold personally.
How It Works
Determine which assets to use to fund the CRUT and who should receive income from the trust.
Work with your advisors and the Georgia Baptist Foundation to draft and establish the trust.
Fund the trust, receive income according to the trust terms, and ultimately bless ministry with the remainder.
A smarter way to give
Planned gifts are designed to help you give more effectively by aligning your generosity with your overall financial and estate planning.
Rather than giving only from cash flow, you can use assets, retirement accounts, and long-term strategies to reduce taxes, provide income, and increase what ultimately supports ministry.
Our team can help you compare options so that you choose the approach that best fits your situation, your family, and your Kingdom goals.
