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.