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 Democracy Now! 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 Democracy Now!

More Information

Contact Us

212-431-9090 (dial 2)
bequests@democracynow.org
Federal Tax ID Number: 01-0708733

Democracy Now! Development Department
P.O. Box 20389
4 East 27th Street
New York, NY 10001-9994

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