Example - Charitable Remainder Annuity Trust

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Text in this Example:

Donor
Charitable Remainder
Annuity Trust
Charity
CHARITABLE REMAINDER ANNUITY TRUST
Donor gifts land to a Charitable Remainder Annuity Trust (CRAT)
Donor receives and income tax deduction of $536,950.
Donor receives $70,000 annually for life.
When donor passes away, assets in trust pass to her favorite charity.