Charitable Remainder Annuity Trust

When you establish a charitable remainder annuity trust, you irrevocably transfer money or securities to a trustee who invests the assets to pay you – or those you choose – a fixed annual payment for life. At the end of the arrangement, the remaining trust assets are distributed to Saint Thomas Health Fund

A properly established trust can provide federal gift and estate tax savings.

Benefits

  • Immediate income tax deduction based on value of assets transferred
  • Avoidance of capital gains tax
  • Fixed payments for life

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