The Charitable Remainder Annuity Trust

charitable-remainder-annuity-trust.png

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 Allegheny 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 Allegheny

More Information

Contact Us

Melissa Mencotti
Director of Gift Planning
814-332-6519
giftplan@allegheny.edu

 

Allegheny College
520 North Main Street
Meadville, PA 16335

Back

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