Campus Photos by
Joel Zwick
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Mary Donnelly grew up on a small ranch, and when her parents died, she inherited it.
When Mary was growing up, the ranch was way out in the country. The city has grown so much that now the ranch is located in neighboring East County. Several developers would like to subdivide and build homes on the ranch.
 Mary: We have received modest income from the ranch over the years. I have allowed a neighboring rancher to graze his horses on the land until recently. Since I inherited the ranch from my parents several years ago, the value has greatly increased.
 Bill: We checked with our tax advisor who said it was okay to sell, but there would be a very large tax to pay. Since it is a good time to sell the land, we have decided that we would like to proceed. We thought it would be good if we could take the sale proceeds and let them grow for about 10 years, until we are ready to retire. In fact, we are hoping that we can sell without significant taxes and that the proceeds can grow tax-free. We think we might be able to get $300,000 for the ranch.
Mary: We were excited to learn from our advisor about a plan at San Diego State University that can provide for our retirement. We were told that we can give the ranch into a special trust, called a unitrust. Within this trust, the ranch can be sold tax-free and the proceeds invested for growth. The proceeds can then grow tax-free inside the trust until we retire. At that time, the payouts will begin and will be taxable, but we could have as much as $600,000 in the trust for our retirement income.
Bill: We will enjoy a very nice retirement. We already have an IRA and are planning to use that for retirement. Now with the extra income from this special retirement trust, we will be able to travel and really enjoy our golden years.
Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization. Since your gift benefits under federal rules may be different from this person, you may want to contact us to view a color example of your gift benefits based on your age.
For more information please select one of the following options:
1. If you would like to see a color display showing a gift plan similar to the benefits enjoyed by Bill and Mary Donnelly, please click one of these buttons.
2. Perhaps you have some stock or land that has increased in value. If you would like to see how this plan could work for you, click here.
3. If you would like to request a printed illustration of a Retirement Unitrust with your payout rate, then click here.
4. You may print a Retirement Unitrust tri-fold brochure. Click Here.
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