Charitable Remainder Unitrust

When you choose to create a trust and share a portion of the assets with Museum of Glass, you receive a generous income tax charitable deduction for a portion for the value of the assets you transfer to MOG. A Charitable Remainder Trust is tax-exempt, so no taxes are due when you transfer appreciated assets into the trust.

You name the individuals who will receive this income from the trust. Payments can last for life or up to 20 years. You can also name Museum of Glass, which will receive any remaining assets when the trust terminates.

The benefits of a Unitrust:  In many cases you will receive more income than you are currently getting from your investments. You can also make additional contributions to your trust at later dates.

The trust terminates when all who are receiving income from the trust passes away. The remaining trust assets will be passed along to Museum of Glass to help shape the future of glass and glassmaking.