This App allows you to benefit a charity of your choice, upon decease, in one of two ways.  It also creates an effect, to the degree you determine, of controlling how and over what period of time your children and your charity of choice will benefit from your trust estate.

This planning application is accomplished using a unitrust income stream initially benefitting either your children or a charity with the eventual remainderman payout to the other party.  A straight-percentage unitrust income steam is a percentage-certain sum of income (and principal if necessary) distributed from an annually-valued account each concurrent year to the charity, or to your children, whichever you choose.

The first method is to create a “Charitable Designated Unitrust Account” (CDUA) where a certain portion of your estate (which portion you determine) is held IN TRUST to provide a unitrust percentage payout (which percentage you determine) of the CDUA to be allocated each year in annual (or more frequent) payments to the charity for a certain number of years (which you also determine).  At the end of the term-of-years payment period, the remainder of the CDUA is distributed (equally) to the natural beneficiaries of your trust.

The second way is essentially a reverse of the first way.  The second CDUA method is to create a “Children’s Designated Unitrust Account” (CDUA) where a certain portion of your estate (which portion you determine) is held IN TRUST to provide a certain unitrust percentage payout (which percentage you determine) of the CDUA to be allocated each year in annual (or more frequent) payments equally to your children/beneficiaries for a certain number of years (which you also determine).  At the end of the term-of-years payment period, the remainder of the CDUA is distributed (entirely) to the charity of your choice.