Sale and Unitrust
Are your appreciated assets (such as stock, bonds or real estate) producing little or no income? If you sell your appreciated assets, you will pay a large capital gains tax. A sale and charitable remainder unitrust may be the solution.
How It Works
You give a portion of your asset. The asset is sold, you receive cash and the rest goes to fund your charitable trust. The trust will provide you with income for the rest of your life.
You receive a charitable deduction this year to offset your tax on the sale.
Benefits of Your Gift
- You get the cash you need to purchase another residence, travel or meet your daily needs
- The unitrust provides you with income for the rest of your life and future retirement
- The unitrust deduction gives you valuable tax savings that may reduce your tax bill this year
- When you pass away, the remaining value in the unitrust will help Cal Lutheran further its work
CLU Annual Fund
The CLU Annual Fund allows you to support the University's growth and consistent high-quality education.
A Cal Lutheran education changes lives. When you support student scholarships you can change lives too.
Leave a lasting legacy through special gifts that are specific to your interests.
Planned gifts, such as bequests and annuities, can be a wonderful way to provide for your family's future as well as the future of Cal Lutheran.