The most popular and flexible type of planned gift is a Charitable Remainder Unitrust (CRUT). To set up a CRUT, you transfer cash, securities or other appreciated property into a trust. The unitrust may pay income to multiple beneficiaries for a lifetime or for a term of up to 20 years. The trustee (either you or someone you assign) manages the trust assets and pays you, or others you choose, a variable income for life, or for a term of years. When the trust terminates, the remaining assets in the trust are transferred to the Bigfork Valley Community Foundation.
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