Leave a Kingdom Legacy
Through K-LOVE

Learn More

Leave a Kingdom
Legacy Trough
K-LOVE

Learn More

Overview Booklet Calculator

Charitable Remainder Unitrust (CRUT)

A Charitable Remainder Unitrust (CRUT) allows you to support K-LOVE while receiving variable annual income for life or a set number of years. This flexible giving option is a wise way to convert appreciated assets into reliable income — while making an eternal impact.

Why create a CRUT?

A CRUT helps you meet financial needs today while leaving a generous gift for the future. You'll receive income based on a fixed percentage of the trust's value, recalculated annually. That means your income can grow over time — and when the trust ends, K-LOVE receives the remaining funds to continue sharing the hope of Jesus.

Benefits of a charitable remainder unitrust

Receive variable annual income (based on trust value)
Potential to grow your income over time
Avoid capital gains tax when funding with appreciated assets
Immediate charitable income tax deduction
Provide a lasting gift to support K-LOVE's mission

How a CRUT works

You transfer assets — such as stock, cash, or real estate — into a Charitable Remainder Unitrust.
The trust pays a set percentage of its value to you or a loved one each year (minimum 5%).
The trust is revalued annually, so payments can grow as assets grow.
When the trust ends, the remaining balance is distributed to K-LOVE.

A CRUT is ideal if you want a gift that adjusts with inflation and offers the possibility of increasing income.

Is a CRUT right for you?

A CRUT may be a good fit if you:

Want income that could grow over time
Are comfortable with some market-based variability
Are planning to sell appreciated assets but want to minimize taxes
Desire to support ministry while also providing for yourself or your family

A CRUT must be created with help from your estate attorney or financial advisor. Our team is happy to collaborate with your professionals to ensure your goals are honored.

Contact us

We'd love to help you explore whether a Charitable Remainder Unitrust is right for your plans. Please contact us today.

Booklet

Download Booklet

Calculate Benefits

The charitable remainder unitrust calculator generates a printable presentation that shows how you can enjoy increased income with a tax-free sale plus benefit from charitable tax deduction.

* Required fields

Help content opened below

Number of Beneficiaries

One Two

Click the appropriate button for a presentation of one or two beneficiaries. Selecting one beneficiary will cause the second beneficiary and the associated name and birthdate fields to be hidden from view.

First Beneficiary

Enter the name of the person. You may use such titles as "Mr.", "Mrs.", "Dr.", "Rev.", "Jr.", "Sr.", etc. For the remainder unitrust the first person is the first income recipient or beneficiary of the agreement.

First beneficiary is required

Birthdate

Month:

Day:

Year:

Please enter a valid birthdate for the first beneficiary

Birth month of the first beneficiary is required

Birth day of the first beneficiary is required

Birth year of the first beneficiary is required

Second Beneficiary

Second beneficiary is required

Birthdate

Month:

Day:

Year:

Please enter a valid birthdate for the second beneficiary

Birth month of the second beneficiary is required

Birth day of the second beneficiary is required

Birth year of the second beneficiary is required

Income Tax Rate

Select the current federal income tax rate of the donor. This will be used to project possible income tax savings. If you are uncertain about the correct rate, you may choose one of the middle rates. For many people, this will be close to their actual income tax rate.

Property Value $

Please enter a valid property value

Property value is required

Enter the amount of cash or the fair market value (FMV) of the asset(s) used to fund the CGA. For assets such as real estate, closely-held stock and other hard to value assets, the FMV is the appraised value of the property on the date of the gift.

Cost Basis $

Please enter a valid cost basis

Cost basis is required

Enter the cost basis of the asset being used to fund the trust or annuity. If the asset is cash, the cost basis is equal to the gift amount. If it is appreciated property, the cost basis will most likely be the amount you originally paid for the property. The cost basis is used to determine the capital gains tax which will be bypassed as a result of selling the asset. If the cost basis is not known or cannot be proven, the IRS assumes the cost basis to be $0. If cash funds the gift annuity, enter the same value as "Value of Property."

Current Return

Current return percentage is required

Enter the current return or yield of the asset(s) which will be used to fund the gift agreement. For example, if the trust will be funded with public-traded stock which is currently paying a dividend of 3%, the current return yield is, in turn, 3%. If the gift is funded with vacant land or a personal residence (assuming the property is not leased), the current return would be 0%.

Trust Payout

Payout must be between 5% and 50%

Payout percentage is required

Enter the percent income payout to the donor. You must select a trust percent payout of 5% or more.

Payment Frequency

Select either monthly, quarterly, semiannual, or annual income payments to the beneficiary(ies) of the income. The choice of payment frequency does affect the amount of the charitable deduction as the more frequent the payment (i.e. monthly as opposed to annually), the smaller the donor's tax deduction.

Post-submit calculation error message goes here

Processing

Leave a Kingdom Legacy Through K-LOVE

Leave a Kingdom Legacy Trough K-LOVE