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Charitable Remainder Annuity Trust

Charitable Remainder Annuity Trust Diagram

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 The Community House 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 The Community House Foundation

More Information

Contact Us

Chris Smude
Vice President
248.554.6597
csmude@communityhousefoundation.org

 

The Community House Foundation
380 South Bates Street, Suite 232
Birmingham, MI 48009

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