Yes. You may include multiple charities.

Your income percentage rate is mutually agreed upon by you and the trustee.

Yes. A Unitrust can be established for life or for up to twenty years.

The charitable deduction is based on market value of the gift, percentage rate, frequency of payments, and your age.

Because of this provision, the older person choosing lower rates will reap a greater charitable deduction. Conversely, higher rates and younger ages will decrease the charitable deduction.

Yes. You may name a spouse, another loved one, or a friend as a successor income beneficiary in your Unitrust.

No. Although most donors do not expect changes in their financial status, circumstances sometimes change. The trustee can invest the portfolio for growth or for income, depending on the needs of the donor.

Yes. Assets may be added to your Unitrust at any time, allowing you to receive a further charitable deduction.

No. Once you enter into a Unitrust, the terms cannot be altered by you or by the trustee. For this reason, take care to make sure that you retain sufficient resources to meet emergency needs.

Yes. A make-up provision may be included in the Unitrust document.

• You can claim a charitable deduction on your income tax return in the year your gift is made.

• If your agreement is funded with appreciated property, there is no income tax payable on the capital gain from the sale and reinvestment of the proceeds.

• A portion of your income may be treated as capital gain, tax-exempt income, return of principal, or some combination of these.

• The Unitrust will not usually be considered as part of your taxable estate. (However, if someone other than your spouse receives benefit from the Unitrust, estate taxes may be due.) In modest-size estates, estate taxes are seldom a factor.

No. Your primary consideration should be to provide adequately for yourself and your loved ones, while you also support the charitable causes you believe in.

No. Because the Unitrust is not considered a part of the probate process, it does not add to the expenses involved in settling your estate.