Unitrust and Special Needs Trust
If you are looking for a way to support a loved one with special needs while also making a gift to Planned Parenthood of the Pacific Southwest, a charitable remainder unitrust combined with a special needs trust could help you meet both goals.
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
How a unitrust and special needs trust works
- You transfer cash or assets to fund a charitable remainder unitrust.
- 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.
- You receive an income tax deduction in the year you transfer your assets to the unitrust.
- Planned Parenthood of the Pacific Southwest benefits from what remains in the unitrust after all payments have been made.
Unitrust and special needs trust video
Contact us
If you have any questions about how a charitable remainder unitrust and special needs trust work, please contact us.
