Ways to Invest in the Future of 

Friends House
17340 Quaker Lane
Sandy Spring, MD 20860
Phone  301-924-5100
Fax 301-924-2265
E-Mail friendshouse@comcast.net

Charitable Remainder Unitrust

Support for charity—tax savings, charitable deductions, and income for you. A charitable remainder unitrust through Friends Fiduciary is an ideal way to turn your assets like real estate and securities into a cash gift without losing much of your gain to taxes – and support Friends House at the same time. It is a particularly good gift plan option for making a donation of an asset that may take some time to sell. The donor:

  • Receives lifetime income.

  •  Gets an immediate tax deduction.

  •  Avoids capital gains tax

  •  Minimizes estate taxes.

Before you arrange a sale of your securities or real estate, you make a gift of the actual asset to Friends Fiduciary. You may give the entire asset or any percentage. The foundation finds a buyer for your gift asset and converts it to cash. We then provide you with income from your gift for the rest of your life as long as the trust generates income.

You benefit substantially with an immediate tax deduction, plus you avoid income tax on the amount your asset has increased in value since you purchased it, unless the alternative minimum tax is involved. And you get the satisfaction of knowing that Friends House will benefit from your generosity.

more information on a charitable remainder unitrust         (downloadable)