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Wealth Replacement Trust

This is useful when a donor wants to make a major gift without disadvantaging a family member.

Example: Donor is concerned that by making a gift of $100,000, she will be unable to provide daughter with a like amount through her will. Donor establishes a 6% unitrust which is re-valued annually. Donor does not require all of the income, so she purchases a life insurance policy naming daughter as beneficiary. When donor dies, the UNA Foundation receives principal of trust (plus any growth in excess of 6% annually) and daughter receives $100,000 tax-free from the life insurance policy.