PLANNED GIVING | BEQUESTS | IRA CHARITABLE ROLLOVER | LEGACY CIRCLE
Create a Lasting Legacy with a Charitable Remainder Unitrust
If you’ve recently sold property or are holding onto assets with significant unrealized gains, a Charitable Remainder Unitrust (CRUT) may help you reduce taxes, plan for retirement income, and support New Hope Community’s mission, empowering people with intellectual and developmental disabilities.
Why Consider a CRUT?
- Secure Income: Receive an income stream for life or a set number of years.
- Reduce Taxes: Avoid capital gains on the sale of appreciated assets and receive a charitable income tax deduction.
- Leave a Legacy: After the trust payments end, the remainder supports New Hope Community’s life-changing programs and services.
How It Works
- Fund the Trust: Transfer cash or appreciated assets (like stocks or real estate) into the trust.
- Tax-Free Sale: The trust sells the assets without incurring capital gains taxes.
- Income Payments: You (and/or other named beneficiaries) receive payments from the trust for life, a term of up to 20 years, or a combination of both.
- Immediate Tax Deduction: Claim an income tax deduction in the year you transfer assets.
- Support Our Mission: After the trust term, the remaining assets benefit New Hope Community, creating a lasting impact.
A CRUT can be tailored to your individual financial and philanthropic goals. If you’d like to learn more or discuss how this gift plan could work for you, please contact our Development team. We’re here to help you explore all the ways you can leave a meaningful legacy at New Hope Community.
Contact:
Janae Myers, Director of Development | JMyers@NewHopeCommunity.org | 845.241.2845