Gift Planning

Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust Diagram

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 UAlbany 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 UAlbany

More Information

Contact Us

Lori A. Matt-Murphy
Associate Vice President, Planned Giving
Phone: (518) 437-5090 Toll Free: (888) 226-5600
lmatt-murphy@albany.edu

 

University at Albany
Office of Gift Planning
1400 Washington Avenue, UAB 226
Albany, NY 12222

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