Leave a Legacy of Hope and Healing
Thank you for your interest in learning more about how legacy gifts, put into place now, can help you provide a secure future for your loved ones and support the Mercy Ships mission well into the future. A legacy gift is a lasting investment in Mercy Ships, advancing our mission and ensuring our ability to help those in need for years to come.
For over 40 years, the heart of Mercy Ships has focused on bringing hope and healing to the forgotten poor. Our fleet of state-of-the-art hospital ships bring world-class healthcare and medical training to regions where clean water, reliable electricity, and medical personnel and supplies are limited or even nonexistent. Onboard our hospital ships, staffed by volunteer professionals from around the world, surgeries are performed that transform the lives of people who might otherwise face a lifetime of suffering. Tumors are removed, orthopedic conditions are corrected, sight is restored, cleft lips are repaired, and more!
We invite you to consider adding Mercy Ships to your will, leaving a legacy of hope and healing well into the future.
"You can't change the whole world. But you can change the whole world
for one person."
-Dr. Gary Parker, volunteer surgeon
Sale and Unitrust
Are your appreciated assets, such as stock, bonds or real estate, producing little or no income?
If you sell your appreciated assets, you will pay a large capital gains tax. A sale and charitable remainder unitrust may be the solution to avoid capital gains tax.
Benefits of a sale and unitrust
- Receive cash from the sale. You can use this cash to purchase another residence, to save for retirement, to travel, to meet your daily needs or to meet some other financial goal
- Receive income from the unitrust for the rest of your life and future retirement
- Obtain an income tax deduction that may reduce your tax bill this year
- Further the work of Mercy Ships with your gift
How a sale and unitrust works
- You establish a charitable remainder unitrust and transfer a portion of your assets to the trust.
- The assets are then sold. You receive cash from the sale, and the rest of the sale's proceeds are paid to the charitable unitrust.
- The trust will provide you with income for the rest of your life.
- You receive a charitable deduction this year to offset your tax on the cash proceeds that you receive from the sale.
More on sale and unitrust
When transferring a portion of your primary residence to fund a unitrust, you may apply your one-time home exclusion to reduce or eliminate capital gains tax that would otherwise be due from the sale. Your tax advisor can assist you to determine if you should utilize this strategy.
Contact us
If you have any questions about a sale and unitrust, please contact us. We would be happy to assist you and answer any questions you might have.
