Charitable Remainder Annuity Trust

How It Works

1. Create trust agreement stating terms of the trust; transfer cash or other property to trustee
2. Trustee invests and manages trust assets and makes payments to income beneficiaries you designate
3. Remainder to D-E for purposes you specify

Benefits

• Payments to one or more beneficiaries that remain fixed for the life of the trust
• Federal income-tax deduction for the charitable remainder value of your interest
• No capital-gain tax when trust property is sold
• Trust remainder will provide generous support for D-E

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