|
Flip Unitrust
Click Here for Detailed
Explanation
How It Works
 |
You transfer cash,
securities, real estate or other appreciated property to a trust. |
 |
The trust pays you
or other beneficiaries you name the net income only until a specified
time when it “flips” and begins to pay a percentage
of the assets re-valued annually. |
 |
The principal passes
to Eckerd College when the trust ends. |
Benefits
- You can structure the trust to “flip” when
you retire or when an illiquid asset, such as real estate or closely-held
stock, is sold by the trust. This gives you control over when the income
stream begins.
- You receive an immediate income tax
deduction for a portion of your contribution to the trust.
- You pay no capital gains tax on appreciated
assets you donate to the trust.
- You can have the satisfaction of making
a significant gift now that benefits both you and Eckerd College later.
More
For more information
If you are considering a deferred gift annuity, email us,
complete the personal illustration form,
or call us at (727) 864-8229 so that we can assist you through
every step of the process.
Judi Schraer
Director of Gift Planning
Eckerd College
4200 54th Avenue South
St. Petersburg, FL 33711
(727) 864-8229
|
