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Give It Twice Trust - Helping Children and Charity

Give it Twice Trust
IRA
Unitrust
Children
JFNA
Give it Twice Trust
You may be looking for a way to provide your children with income while making a gift to The Jewish Federations of North America. The Give It Twice Trust is a popular option that allows you to transfer your IRA to a term of years unitrust when you pass away. The unitrust will pay income to your family for a number of years and then distribute the balance to your Jewish Federation, Jewish Community Foundation or The Jewish Federations of North America.

Benefits of a Give It Twice Trust

  • Full value of IRA invested to produce income.
  • Payments made to children for a term of years.
  • Estate tax deduction and savings for your gift.
  • Supports the work of your Jewish Federation, Jewish Community Foundation or JFNA.

How this Plan Meets Your Goals

The Give It Twice Trust helps you meet your goals

  • Save on income and estate taxes.
  • Treat your children equally.
  • Give children time to learn.
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Any tax consequences described on this page are based on U.S. federal tax law. Charitable deductions from state and local taxes or from Canadian and provincial taxes may not be available to the same extent as from U.S. federal taxes. The Jewish Federations of North America (JFNA) does not provide legal advice. Donors are encouraged to seek independent tax and legal counsel. You may read JFNA's charitable solicitation disclosure statement here and important information about endowment gifts and bequests to JFNA here.