Mesa Arizona Charitable Remainder Unitrust

State:
Multi-State
City:
Mesa
Control #:
US-04339BG
Format:
Word
Instant download

Description

A Unitrust refers to a trust from which a fixed percentage of the net fair market value of the trusts assets valued annually, is paid each year to a beneficiary. In these trusts, the donor transfers property to a trust after retaining the right to receive payments from the trust for a specified term. Once the term ends, the trust estate is paid to a public charity designated by the donor. During a unitrust's term, a trustee invests the unitrust's assets and pays a fixed percentage of the unitrust's current value, as determined annually, to the income beneficiaries. If the unitrust's value goes up, its payout increases proportionately. Likewise, if the unitrust's value goes down, the amount it distributes also declines. Payments must be at least five percent of the trust's annual value and are made out of trust income, or trust principal if income is not adequate.

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FAQ

Mesa (/?me?s?/ MAY-s?) is a city in Maricopa County, Arizona, United States. It is the third-most populous city in Arizona, after Phoenix and Tucson, the 36th-most populous city in the U.S., and the most populous city that is not a county seat.

Mesas are formed by erosion, when water washes smaller and softer types of rocks away from the top of a hill. The strong, durable rock that remains on top of a mesa is called caprock. A mesa is usually wider than it is tall. Mesas are usually found in dry regions where rock layers are horizontal.

Best Suburbs Near Phoenix, Arizona Chandler. Population: 257,165. Median Home Value: $285,000. Paradise Valley. Population: 14,502. ... Scottsdale. Population: 255,310. ... Gilbert. Population: 248,279. ... Mesa. Population: 518,012. ... Fountain Hills. Population: 24,987. ... Peoria. Population: 172,259. ... Goodyear. Population: 82,835. ...

The city of Mesa Arizona is located about 20 miles east of Phoenix Arizona. Mesa Arizona is one of the larger suburbs of Phoenix.

Mesa, (Spanish: ?table?), flat-topped tableland with one or more steep sides, common in the Colorado Plateau regions of the United States; a butte is similar but smaller.

Mesas are isolated, broad flat-topped mountains with at least one steep side. Mesas are abundant in the southwestern states of Colorado, New Mexico, Utah, and Arizona. Buttes are smaller flat topped mountains or hills with steep slopes on all sides.

Mesa, city, Maricopa county, south-central Arizona, U.S. The name is Spanish for ?tabletop? or ?tableland.? A southeastern suburb of Phoenix, the site was settled and founded in 1878 by Mormons who used ancient Hohokam canals for irrigation.

The core part of the Phoenix Metropolitan Area is the Phoenix?Mesa, Arizona Urban Area, which is far smaller than the Metropolitan Statistical Area.

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Mesa Arizona Charitable Remainder Unitrust