Unitrusts offer all advantages of life income gifts while also providing security against inflation. Like a unitrust, your gift is irrevocably transferred to an annuity trust and you, as well as another beneficiary, receive a fixed income amount that does not change over the life of the annuity trust. The amount of fixed income which you select must be at least 5 percent of the value of the assets at the time the annuity trust is established. The payments may be for life or a term of no more than 20 years. An annuity trust offers all of the advantages of a life income gift while providing a predictable income each year regardless of changes in the earnings or value of the annuity trust assets.
Income shown is for the first year only.
Income in future years wll increase or decrease based on the change in the annual value of the trust from year to year. Life income gifts can meet a variety of goals for both you and Gallaudet. If you would like more information beyond the general description provided here, please feel free to call or write.