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Unitrust and Special Needs Trust

If you are looking for a way to provide for a loved one who has special needs, and also make a gift to us, a charitable remainder unitrust and a special needs trust arrangement could help you achieve your objectives. The charitable remainder unitrust will make payments to the special needs trust, which in turn will provide support and care for your loved one. Eventually, the charitable remainder trust will go to charity to help us further our mission.

Benefits of a Unitrust and Special Needs Trust

  • Establish a way to provide for your loved one
  • Avoid capital gains if the unitrust is funded with appreciated assets
  • Receive an immediate charitable income tax deduction for the charitable portion of the unitrust
  • Leave a legacy gift to our organization

How a Unitrust and Special Needs Trust Works

  1. You transfer cash or assets to fund a charitable remainder unitrust.
  2. The unitrust is invested and will make payments to the special needs trust for your loved one's lifetime or a term of up to 20 years.
  3. You receive an income tax deduction in the year you transfer your assets to the unitrust.
  4. Our organization benefits from what remains in the unitrust after all payments have been made.

Contact us

If you have any questions about how a charitable remainder unitrust and special needs trust work, please contact us. We would be happy to assist you and answer any questions you might have.

Additional Information

If you are not in a position to make a gift to fund a charitable remainder unitrust during your lifetime, another option is to establish a testamentary unitrust that is funded through your estate. Your gift will provide support and care for your loved one with special needs after you are gone. The unitrust remainder will be used to help further our mission.

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The Catholic Foundation of Central Florida, Inc.
50 E. Robinson St., Orlando, FL 32801
P.O. Box 4905 Orlando, Florida 32802
Phone: 407.246.4889 | Fax: 407.246.4939
catholicfoundation@cfocf.org