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Charitable Remainder Unitrust

BUILD A LASTING LEGACY THAT ALSO CREATES INCOME AND TAX BENEFITS.

A UCLA charitable remainder unitrust is a gift arrangement that allows you to support the university while providing you with tax and income advantages.

BENEFITS

  • You, or the beneficiaries you name, receive regular income for life or a term of years. This income is tied to a percentage of the trust's assets (which are revalued annually) and may grow.
  • Payments are made on a quarterly basis.
  • Make additional contributions over the life of the trust.
  • Establish a charitable remainder unitrust during your lifetime or through your will or living trust to create a source of income for your heirs.

TAX ADVANTAGES

  • Receive an immediate charitable income tax deduction.
  • Pay no capital gains tax at the time you transfer assets to the trust (tax will be paid on the quarterly income payments).
  • A charitable remainder unitrust is a tax-savvy approach to using highly appreciated assets to make philanthropic gifts.
  • By donating the assets, you also remove them from your taxable estate.

HOW IT WORKS

  • Establish a charitable remainder unitrust, and make an irrevocable transfer of cash, securities or other appreciated property.
  • The trust may last for the life of the beneficiary or for a term of years (up to 20 years).
  • The transferred assets are invested or sold by the trustee.
  • Select a trustee: You or The UCLA Foundation can serve as trustee, or you may choose your own trustee.
  • The regular, taxable payments you or your beneficiaries receive are based on a fixed percentage of the trust's fair market value.
  • The actual amount of these payments may fluctuate because it is tied to the yearly re-valuation of the trust's assets.
  • Upon the termination of the trust, the remainder is distributed to The UCLA Foundation for the philanthropic purposes you have designated.

Contact Us

800-737-UCLA (8252) • giftplanning@support.ucla.edu

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UCLA's gift planning professionals are happy to provide you and your legal and financial advisors with personalized illustrations of the benefits that a charitable remainder unitrust offers. Any information in this publication is not intended as legal, accounting, or financial advice. Please consult with your tax, legal, and financial advisors to ascertain whether this or other gift plans are in keeping with your own tax and financial needs. Conversations with the university's gift planning team are always confidential and never imply obligation.

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UCLA Bequest Challenge

UCLA Bequest Challenge

100% toward goal!

Thank you to our generous UCLA alumni and friends who chose to remember UCLA in their wills or living trusts in support of the many campus units! We reached our goal of identifying more than 1,200 new bequest intentions to the university.

Each gift represents future scholarships and fellowships, new research breakthroughs, world-class patient care, a place for the arts to flourish, and so much more.

It is not too late to establish a meaningful legacy gift and join a philanthropic effort that will propel and support the university into its second century.
Please contact UCLA's Office of Gift Planning.