Charitable Remainder Annuity Trust

A charitable remainder annuity trust is ideal if you would like to ensure yourself a fixed amount of income every year. This is a separately created and -invested trust that offers a fixed annual income for you or others you designate. The payout rate must be at least five percent and is determined based on the age of the beneficiaries or term of years. No additional gifts may be made to the annuity trust once it is established. As with other life-income options, you may designate how the remaining principal is to be used by Whitworth.

Click on the gift calculator to see how you might benefit from a charitable remainder annuity trust.