Charitable Remainder Trusts
This trust would make payments, either a fixed amount (annuity trust) or a percentage of trust principle (uni-trust), to whomever you choose to receive the income. You may claim a charitable income tax deduction and may not have to pay any capital gains tax if the gift is of appreciated property. At the end of the trust term, NBI would receive whatever amount is left in the trust. Charitable reminder uni-trust provides some flexibility in the distribution of income, and can be helpful in retirement.