VIDEO: How a charitable remainder unitrust could be a game-changer for you and your loved ones

You may have read the recent blog post by Phil Buchanan referencing the record highs our market indexes have hit this year.  These economic trends make it a great time to consider establishing a life income gift like a charitable remainder unitrust (CRUT) with Duke.

To better illustrate how a CRUT could work for you, Phil takes to the court in Cameron Indoor for this 2-minute gift illustration video.

A CRUT can be part of a smart giving strategy because you can:

  1. Make an impact on the programs and places you love at Duke
  2. Generate tax savings and an income for you and your loved ones
  3. Reduce or eliminate capital gains taxes
  4. Have assets managed by Duke, you, or your trusted advisor

In short, a CRUT is a trust that pays you and/or other designated recipients an income for life or for a specified number of years.  After that time, the balance of the trust is applied to the purposes you have designated at Duke (scholarships, Athletics, Duke Gardens, etc.).  You can establish a CRUT during your life or through your will.

Learn more about how CRUTs work and see examples by visiting our website.

Plus, you can establish a CRUT in many ways.  While most are funded with gifts of cash or appreciated stock, you may also fund a CRUT using other assets such as real estate or artwork.  

Contact our team of charitable planning experts today to see if this gift is right for you.

TAGS: legacy scholarships charitable remainder unitrust video CRUT

About the author

Gift Planning

Duke University’s Office of Gift Planning specializes in charitable gift planning for estates, charitable trusts and annuities, and other complex current and future gift plans.

For more information, please contact the Duke University Office of Gift Planning.