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 Elmhurst 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 Elmhurst

More Information

Contact Us

Valerie Day
Vice President for Development and Alumni Relations
630.617.6424
valerie.day@elmhurst.edu

 

Elmhurst College
190 Prospect Avenue
Elmhurst, Illinois 60126

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer