Charitable Remainder Unitrusts

CRUT Diagram

How it Works

  • You transfer cash, securities, or other appreciated property into a trust.
  • The trust pays a percentage of the value of its principal, which is valued annually, to you or to one or more beneficiaries you name.
  • When the trust terminates, the remainder passes to the University of South Carolina or one of its affiliated foundations to be used as you have directed.

Benefits

  • Receive income for life or a term of years in return for your gift.
  • Receive an immediate income tax deduction for a portion of your contribution.
  • Pay no up front capital gains tax on appreciated assets you donate.
  • Make additional gifts to the trust, as your circumstances allow, to receive additional income and tax benefits.

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