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Getting Started
Going Further

Meet Our Staff

Contact Us

Office of Trusts, Estates, and Gift Planning
Cornell University
130 E Seneca Street, Suite 400
Ithaca, NY 14850
Phone: 1-800-481-1865
Fax: 607-254-1204
Email:
gift_planning@cornell.edu

Disclaimer

The Charitable Remainder Annuity Trust

Charitable-Remainder-Annuity-Trust.png

 

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 Cornell University 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 Cornell University

More Information

Contact Us

Office of Trusts, Estates, and Gift Planning
Phone: 1-800-481-1865
Fax: 607-254-1204
Email: gift_planning@cornell.edu

 

Cornell University
130 E Seneca Street, Suite 400
Ithaca, NY 14850