Set up a Charitable Remainder Unitrust with this template Trust Deed for the USA, under Rev. Pro. 89-20 and section 664(d)(2) of the Internal Revenue Code.
- In each taxable year of the trust, the trustee will pay to the designated recipient a unitrust amount equal to at least 5% of the fair market value of the trust assets.
- On the recipient's death, the corpus of the trust will be distributed to a designated charity.
- Distribution of the trust income each tax year must not subject the trust to any tax under section 4923 of the Code.
- The Trustee shall not engage in any act of self-dealing as defined in section 4941(d) of the Code.
This
USA Charitable Remainder Unitrust Trust Deed is provided in MS Word format, and is easy to fill in and print.
