Contact

Melanie Zauel
Senior Director, Planned Giving & Leadership Gifts
Michigan Engineering
Office of Advancement
(734) 647-7093
2105 LEC
Charitable Remainder Trust
How it Works
Establish a charitable remainder trust by irrevocably transferring cash, securities or other property to a trustee. Each year, the trust will pay a percentage (unitrust) or fixed percentage (annuity trust) of its value to you and/or other designated individuals for their lifetimes or a term of years. When the trust ends, the remainder is distributed to U-M for the purpose you designate. The University of Michigan may serve as trustee with a minimum gift of $100,000.
Potential Benefits
- Make a generous gift to the University of Michigan
- Receive charitable income tax deduction in the year the trust is funded
- Avoid capital gains tax if funded with appreciate assets
- Removes assets from taxable estate
- Provides an income stream to yourself and/or other beneficiaries for life or term of years
This Might Interest You if You…
- Are interested in receiving an income or providing an income for others
- May have highly-appreciated, low-yielding assets
- Are interested in receiving a charitable tax deduction now
- Are concerned about potential estate taxes
How to Get Started
- Discuss this option with your financial advisor
- Contact Melanie Zauel to receive more information
- Learn more about Charitable Remainder Trusts