Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust Diagram. Description of image is listed below.

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 HUC 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 HUC

Contact Us

Anat Becker, JD
National Director of Legacy Giving
212-824-2228
abecker@huc.edu
Tax ID Number: 31-0537067

Hebrew Union College
One West Fourth St.
New York, NY 10012-1186

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