Gift Planning at Yale

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "//www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="//www.w3.org/1999/xhtml"> <head> <title> Gift Planning at Yale </title> <meta http-equiv="Content-Type" content="text/html; charset=UTF-8" /> <meta name="keywords" content="planned giving, gift planning, donations, charitable bargain sale, income tax deduction" /> <meta name="description" content="Give an asset that may help us more than it is helping you, such as a life insurance policy whose coverage your family no longer needs, or real estate such as a second home or a parcel of undeveloped land, or even a collection of books or artwork" /> <link href="css/anylink.css" type="text/css" rel="stylesheet" /> <link href="css/base.css" type="text/css" rel="stylesheet" /> <script src="js/toolbar.js" type="text/javascript"></script> <style type="text/css"> #vgnext { display: none; } #vgitgfy { display: none !important; } #vghowworks { width: 100%; } #vgbenefits { width: 100% } #giftdiag { float: left; margin-bottom: 20px; } #giftlogo { display: none; } .giftdiagram { float: left; } #charter td { padding: 7px; } .vgslide { display: none; } .vgcalclink { display: none !important; } .giftbullets { margin-right: 7px; float: left; clear: left; margin-bottom: 15px; } #vgrelatedlinks { display: none; } .subtext { clear: none !Important; } #vghowworks h2 { margin-top: 0px; } </style> <link href="css/twoColElsRtHdr.css" rel="stylesheet" type="text/css" />  <style type="text/css">  </style> </head> <body class="twoColElsRtHdr" > <div id="container"> <div id="header"> <h1>Giving to Yale</h1>  </div> <div id="sidebar1"> <h3>Related Links</h3> <p><a href="GIFTcharituni.php">Gift Illustration</a></p> <p><a href="GIFTcharituni2.php">Complete Gift Description</a></p> <p><a href="crtprogram.php">Yale's Trust Program</a></p> <p><a href="GIFTcharituni3.php">Is This Gift Right For You?</a></p> <p><a href="trusteeCRUT.php">Who Should Trustee?</a></p> <p><a href="crutEX.php">Gift Example</a></p> <div class="vgcalclink"> <p><a href="calc-crut.php">Calculate Your Benefits</a></p> </div> <p><a href="CRUTplanningtips.php">Additional Planning Tips</a></p> <p><a href="GIFTcharituni-faq.php">Frequently Asked Questions</a></p> <p><a href="mailto:development.plannedgiving@yale.edu">Contact Us</a></p> <div id="close"> <p> </p> <p><a href="javascript: self.close()" class="style1">Close Window</a><br /> <br /> </p> <div align="right" style="margin-bottom:5px; padding-left:10px; padding-top:7px; text-align:left;"> <a href="javascript:ts('body',1)"><img src="images/toolbar-inc.gif" style="margin-bottom:10px;" border="0" /></a> <a href="javascript:ts('body',-1)"><img src="images/toolbar-dec.gif" style="margin-bottom:10px;" border="0" /></a> <br /> <a href="?id=print" target="_blank"><img src="images/toolbar-print.gif" style="margin-right:20px;" border="0" /></a> <a href="javascript:mailpage();"><img src="images/toolbar-send.gif" border="0" /></a> </div>  </div> </div> <div id="mainContent">  <h1>Charitable Remainder Unitrust<br /> <span class="subheadline">(Gift example*)</span></h1> <p> Bill, age 75, and his wife Rita, age 73, establish a Charitable Remainder Unitrust with a cash gift of $250,000. Their trust provides them income for their lifetimes, which could continue for the surviving spouse, or for a fixed term. </p> <p> Bill and Rita receive payments of 5% of the value of the trust each year, which may increase or decrease with the value of the trust. By naming Yale as the trustee, their trust is invested by the Yale Investments Office, which provides the potential for significant income growth. They also receive a federal income tax deduction of $119,282.50 in the year of the gift and receive return payments that keep pace with inflation. </p> <p> Yale鈥檚 financial management offers Bill and Rita a chance to increase their annual return and allows them to maximize their giving to Yale. </p> <p class="examples"><b>Summary of Benefits</b></p> <table border="0" cellspacing="1" width="95%" class="ChartBg" cellpadding="2"> <tr> <td style="font-style: italic;" colspan="2"><p class="examples">5% Charitable Unitrust</p></td> </tr> <tr> <td style="font-weight: bold;" colspan="2"><p class="examples">ASSUMPTIONS:</p></td> </tr> <tr> <td class="ChartLightCell" width="60%"><p class="examples">Beneficiary Ages </p></td> <td class="ChartLightCell" width="38%" align="left" style="text-align: right;"><p class="examples">75<br>73</p></td> </tr> <tr> <td class="ChartLightCell" width="60%"><p class="examples">Cash Donated</p></td> <td class="ChartLightCell" width="38%" align="left" style="text-align: right;"><p class="examples">$250,000.00</p></td> </tr> <tr> <td class="ChartLightCell" width="60%"><p class="examples">Payout Rate</p></td> <td class="ChartLightCell" width="38%" align="left" style="text-align: right;"><p class="examples">5%</p></td> </tr> <tr> <td class="ChartLightCell" width="60%"><p class="examples">Payment Schedule</p></td> <td class="ChartLightCell" width="38%" align="left" style="text-align: right;"><p class="examples">quarterly<br>3 months to 1st payment</p></td> </tr> <tr> <td style="font-weight: bold;" colspan="2"><p class="examples">BENEFITS:</p></td> </tr> <tr style="font-weight: bold;"> <td class="ChartLightCell" width="60%"><p class="examples">Charitable Deduction</p></td> <td class="ChartLightCell" width="38%" align="left" style="text-align: right;"><p class="examples">$119,282.50</p></td> </tr> <tr style="font-weight: bold;"> <td class="ChartLightCell" width="60%"><p class="examples">Estimated Payments in First Full Year<br> (future payments will vary with trust value)</p></td> <td class="ChartLightCell" width="38%" align="left" style="text-align: right;"><p class="examples">$12,500.00</p></td> </tr> <tr> <td class="ChartLightCell" colspan="2"><p class="callouts"> Basic Gift Illustrations IRS Discount Rate is 3.4% These calculations are for illustration purposes only and should not be considered legal, accounting, or other professional advice. Your actual benefits may vary depending on several factors, including the timing of your gift. </p></td> </tr> </table>  <br /><br /><br /> <br /> </div> <div id="footer"> <h5>Yale University Office of Planned Giving</h5> <p>PO Box 2038, New Haven, CT 06521 | 800.445.6086 | <a href="mailto:development.plannedgiving@yale.edu">Email us </a></p> </div> </div> </body> </html>  </body></html>

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Gift Planning at Yale