Giving

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Give it Twice Trust - Helping Children and Charity

Give it Twice Trust
IRA
Unitrust
Children
SCRIPPS

You may be looking for a way to provide your children with income while making a gift to Scripps Health. The Give it Twice Trust is a popular option that allows you to transfer your IRA at death to a term of years unitrust. The unitrust will pay income to your family for a number of years and then distribute the balance to charity.

Benefits of a Give it Twice Trust

  • Full value of IRA invested to produce income.
  • Provide income to family for a term of years.
  • Save on income taxes and estate taxes.
  • Supports the work of Scripps Health!

How a Give it Twice Trust Works

  • After your death, your IRA is transferred to a testamentary charitable remainder unitrust.
  • The unitrust pays a percentage of trust assests to your family each year throughout the trust term.
  • After the trust term is over, remaining assets benefit the work of Scripps Health.
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