Dana-Farber can serve as your trustee, managing the trust assets. After the lifetime of the income beneficiary, the trust assets go to Dana-Farber to support cancer research and patient care programs. The annuity trust pays the income beneficiary a fixed annual income, based on the initial market value of the trust assets.
Annual payments remain fixed throughout the life of the trust.
The unitrust pays the income beneficiary a variable income, based on a fixed percentage of the value of the trust assets, as revalued each year. Annual payments will fluctuate depending upon the market value of the trust assets. You may make additional contributions to a unitrust at any time.