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A Gift with a Variable Income

Like the annuity trust, a charitable remainder unitrust provides for a gift that returns an income. But unlike the annuity trust, the income from a unitrust will increase or decrease with the value of the assets placed in the trust.

You determine the payout percentage when the gift is made. Each year this percentage of the value of the trust assets is paid to you or others you select. When the value of the trust investments go higher, more income is received. The income will be less if the value of the assets decline.

Additions can be made to this type of trust, and a tax deduction is allowed for a portion of each amount contributed.  For many people, the unitrust can play a welcome role in planning for retirement.

Please call (405) 271-7400 or 1-800-522-0211 extension 7400, or e-mail the OMRF Development Department for details.