• A popular and practical solution for trusts initially funded with assets like real estate or restricted stock until they are sold.

• Begins as a net-income unitrust and then “flips” to a standard (set percentage) charitable remainder unitrust at a predetermined time (a specific date or a specific event such as the sale of illiquid assets).

• This can result in the payout of more income over time.

• When the trust terminates, remaining trust principal will be available to Rush for the purpose you designated upon creation of the original trust agreement.

• Benefits can include avoidance of the capital gains tax, an immediate charitable income tax deduction for the value of the remainder interest — the anticipated future gift to Rush — and reduction in the size of your taxable estate.

For additional information about life income plans, please contact Vicki Woodward at (312) 942-6954 or vicki_j_woodward@rush.edu.