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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 Gilman 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 Gilman

More Information

Contact Us

Heather Harlan Warnack

Heather Harlan Warnack
Director of Development
hwarnack@gilman.edu

Mary Ellen Porter

Mary Ellen Porter
Associate Director of Development &
Director of Planned Giving
meporter@gilman.edu

 

Gilman School
5407 Roland Avenue
Development Office
Baltimore, MD 21210
410-323-7178

Federal Tax ID Number: 52-0591604

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