Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust Diagram

How It Works

  1. Donor creates trust agreement stating terms of the trust; to fund the trust established by the trust agreement, donor transfers cash or other property to trustee institution (either UJA-Federation or an outside financial institution)
  2. Trust assets are invested and managed by UJA-Federation's independent fiduciary or outside financial institution and income payments are made to the beneficiaries you designate periodically
  3. Remainder to UJA-Federation upon death of the beneficiary

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 donor's interest when the trust is established
  • No capital-gain tax when trust property is sold
  • Trust remainder will provide generous support for UJA-Federation

More Information

Contact Us

William Samers, Vice President
212.836.1755
samersw@ujafedny.org

Stanley Baumblatt, Director
212.836.1305
baumblatts@ujafedny.org

Shira Hudson, Associate Director
212.836.1232
hudsons@ujafedny.org

 

UJA-Federation of New York
130 East 59th Street
New York, NY 10022

Phone: 1.800.997.5266
Fax: (212) 836-1172
E-mail: plannedgiving@ujafedny.org

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