Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram. Description of image is listed below.

How It Works

  1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
  3. Remainder to BPLF for purposes you specify

Benefits

  • Payments to one or more beneficiaries, varying annually with the value of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust is established; property is sold by the trust
  • Trust remainder will provide generous support for BPLF

Contact Us

Carol Estes-Schwartz
Deputy Executive Director
617-859-2032
cestes@bplfund.org
Federal Tax ID Number: 04-3150560

 

Boston Public Library Fund
ATTN: Carol Estes-Schwartz
700 Boylston Street
Boston, MA 02116

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