A unitrust is a charitable remainder trust which provides philanthropic support along with income and tax benefits. It provides income to the donor or other beneficiaries for life, leaving the remainder to benefit Rush.

• The most flexible type of income plan.
  
  
• Provides a variable income based on market fluctuations over time, serving as a potential hedge against inflation.
  
  
• Assets are transferred into an irrevocable trust that pays you a percentage of the fair market value of the trust assets as revalued annually.
  
  
• Additional tax-free contributions can be made to an existing charitable remainder unitrust (CRUT) at any time.
  
  
• You determine the fixed percentage when creating the unitrust, in consultation with financial or legal advisors and the trustee.
  
  
• Payments typically range between five and seven percent of the initial value of the trust assets and are paid quarterly.
  
  
• When the trust terminates, remaining trust principal will be available to Rush for the purpose you designated upon creation of the original trust agreement.
  
  
  

For additional information on Rush’s life income plans please contact Vicki Woodward at (312) 942-6954 or vicki_j_woodward@rush.edu.