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 HIAS Foundation 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 HIAS Foundation

Contact Us

Jonathan Boiskin
Executive Director
301-844-7900
jonathan.boiskin@hiasfoundation.org

HIAS Foundation
1300 Spring Street, Suite 500
Silver Spring, MD 20910
Federal Tax ID Number: 87-4477821

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