Charitable Remainder Trusts

Unitrusts and Annuity Trusts

Click here to PICTURE A UNITRUST! or Click here to PICTURE AN ANNUITY TRUST!

If you want maximum flexibility and maximum effectiveness in your giving, consider a Charitable Remainder Trust (a CRT) benefitting Right to Life of Michigan. CRT's come in two versions. A unitrust pays you and/or other beneficiaries income as a fixed percentage of value of the trust principal. The unitrust is revalued annually, and income in excess of the percentage payout is reinvested. Alternately, an annuity trust pays you and your beneficiaries a fixed income.

CRT's may pay income to multiple beneficiaries, for life or a term or years. A unitrust may be structured to invest solely for growth for a term of years, an attractive way to help provide for future retirement or tuition needs while also making a substantial gift to Right to Life of Michigan. An annuity trust may hold tax-free securities and pass tax-free income through to the beneficiaries.

You, your advisor, or a financial institution may serve as the trustee of a CRT. Right to Life of Michigan can provide advice and sample forms to help you set up your trust.

Example Comparison of Benefits: Unitrust and Annuity Trust		This example is based on a factor that changes monthly. Contact our office for a personal illustration based on the latest rates.
Assumptions:	> Beneficiaries aged 72 and 70 > 28% income tax bracket > Holding $100,000 in stock with $50,000 cost basis
.	Unitrust	Annuity Trust
Contribution	$100,000	$100,000
Income Rate	5%	5%
First Year's Income	$5,000	$5,000
Future Income	Variable	$5,000/year
Charitable Deduction*	$43,764	$43,367
*Based on a Federal Discount Rate of 5%.

To learn more about gifts of charitable remainder trusts, Email us, complete the Information Request form, or call us at (248) 553-8800 so that we can assist you.