Your annuity payment can begin immediately or can be deferred to an agreed upon date in the future. The principal difference between the Unitrust and other trusts is that the income payment you receive varies yearly as the fair market value of the trust assets fluctuate. The unitrust can be funded with cash or securities. The charitable deduction allowed is based on the fair market value of the assets initially transferred, the payout rate chosen, the number of beneficiaries and the age of the beneficiaries. The opportunity to increase income by converting low income assets to high income assets Back to the top Planned gifts of life insurance Gifts of life insurance policies play an important role in charitable giving.
Donors have the option of donating paid-up life insurance policies or purchasing new policies.
In both cases the Stout University Foundation, Inc. must be named as sole beneficiary and the owner of the life insurance policy. For an example of a gift of life insurance, click here .