Charitable Remainder Unitrusts
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How it works
 You transfer cash, securities or other appreciated property into a unitrust.
 The trust pays a percentage of the value of its principal, which is revalued annually, to you or to the beneficiaries you name.
 When the trust terminates, the principal passes to the Community College of Baltimore County.
Benefits
- You receive an immediate income tax deduction for a portion of your contribution to the unitrust.
- You pay no up front capital gains tax on appreciated assets you donate.
- You or your designated beneficiaries receive income for life or a term of years.
- You can make additional gifts to the trust as your circumstances allow and qualify for additional tax deductions.
- You have the satisfaction of making a significant gift that benefits you now and the Community College of Baltimore County later.
More
To learn more about charitable remainder unitrusts, Email us, complete the Information Request Form, or call us at 410.285.9548 so that we can assist you.
The Community College of Baltimore County
7200 Sollers Point Road
Baltimore, MD 21222
410.285.9548 | Fax: 410.285.9988
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