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