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 The Ringling 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 The Ringling

 

Contact Us

Amy Sankes
Sr. Director of Development
(941) 358-2609
amy.sankes@ringling.fsu.edu

The John and Mable Ringling Museum of Art
5401 Bay Shore Road
Sarasota, FL 34243

Ringling Federal Tax ID #59-6914423
FSUF Federal Tax ID #59-6152180

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