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Giving Home > How to Give > Unitrust and Special Needs Trust

Unitrust and Special Needs Trust

Care for a Loved One and Empower Students With a Legacy That Lasts

A unitrust and special needs trust is a plan you can fund that will provide payments from a charitable remainder trust to a special needs trust to support your loved one and leave a lasting gift to further the mission of Utah Valley University.

A student sitting in a chair studying in a library

If you're looking for a way to support a loved one with special needs and also help students at Utah Valley University achieve their dreams, a combination of a charitable remainder unitrust (CRUT) and a special needs trust may be the perfect solution.

This thoughtful arrangement allows you to:

  • Provide ongoing financial support for your loved one through a special needs trust funded by income from a charitable remainder trust.
  • Incorporate appreciated assets or proceeds from a business or real estate sale into your unitrust to help reduce or eliminate capital gains taxes.
  • Receive an immediate charitable income tax deduction for the charitable portion of the unitrust.
  • Leave a legacy that reflects both your care for family and your commitment to education and opportunity.

By choosing this path, you ensure your loved one is cared for with dignity and security, while your generosity continues to uplift students for generations to come.

How a Charitable Remainder Unitrust and Special Needs Trust Work Together

  1. You fund a charitable remainder unitrust (CRUT) with cash, appreciated assets, or proceeds from the sale of real estate or a business.
  2. The unitrust is invested and makes regular payments to a special needs trust, providing financial support for your loved one over their lifetime or for a term of up to 20 years.
  3. You receive an immediate charitable income tax deduction for the charitable portion of your gift.
  4. After the income period ends, the remaining assets in the unitrust are directed to Utah Valley University, supporting students and programs you care about most.
  5. This approach allows you to care for someone you love while creating a legacy that helps UVU students achieve their educational goals and build brighter futures.

Contact us

If you have any questions about how a charitable remainder unitrust and special needs trust work, please contact us. We would be happy to assist you and answer any questions you might have.