Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram. Description of image is listed below.

How It Works

  1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
  3. Remainder to LFA for purposes you specify

Benefits

  • Payments to one or more beneficiaries, varying annually with the value of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust is established; property is sold by the trust
  • Trust remainder will provide generous support for LFA

More Information

Contact Us

Beth Bentley
Director of Individual Philanthropy
bbentley@lfanet.org
(847) 615-3204

Garry Sloan
Dean of Advancement
gsloan@lfanet.org
(901) 722-3290

Lake Forest Academy
1500 West Kennedy Road
Lake Forest, IL 60045
Federal Tax ID Number: 36-2216167

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