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Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust

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 PC 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 PC

 

Contact Us

Jason Boice
Assistant Vice President of Advancement
864-833-8265
jtboice@presby.edu
Federal Tax ID Number: 57-0314408

Presbyterian College
ATTN: Jason Boice
503 S. Broad Street
Clinton, SC 29325

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