Provides a fixed dollar payment of at least 5% of the initial gift (by law). When the trust earns more than the annuity payment, the excess is added to the principal but does not affect the payment ever. If the trust earns less than the payout rate, the principal is invaded to make the payments to the donor.

A charitable remainder trust in which the named beneficiaries receive a fixed payment of not less than five percent of the fair market value of the original principal over the course of a specified period after which the remaining principal passes to charity.

This allows you to transfer property to a trustee (like St. Lawrence) subject to your right to receive a fixed percentage of the initial fair market value of the property for as long as you live (or for a period of up to 20 years). The remainder in the trust ultimately goes to St. Lawrence.

trust under which the non-charitable beneficiary has the right to receive an annuity amount each year during a stated term or the beneficiary's lifetime. The annuity amount is calculated based upon the initial value of the trust assets at the creation of the trust. After the stated term or the beneficiary's lifetime, the remainder of the trust is distributed to the charitable beneficiary.

A trust which provides for a donor to transfer property to a trustee subject to the donor's right to receive a fixed percentage of the initial fair market value of the property for as long as he or she lives. Whatever remains in the trust at his or her death becomes the property of the beneficiary charity.

A trust created by the Tax Reform Act of 1969. It provides for a donor to transfer property to a trustee subject to his or her right to receive a fixed percentage of the initial fair market value of the property for as long as he or she lives. Whatever remains in the trust at the donor's death becomes the property of the beneficiary institution.

A trust established by a donor whereby one or more beneficiaries will receive an income for life or a term certain (not to exceed 20 years), and the remainder will be distributed to one or more qualified charities. It pays a fixed dollar amount to the beneficiaries each year (at least 5 percent of the initial fair-market value of the transferred property).

An agreement in which a donor irrevocably transfers assets to a trustee. The trustee manages and invests the assets, and makes regular, periodic payments, at least annually, to the donor (and/or other persons, if desired) for life or a specified number of years (not to exceed 20). At the termination of the trust, the “remainder” goes to charity. The annual payments to the donor and/or beneficiary/beneficiaries are a fixed dollar amount (at least 5% of the initial fair market value of the assets placed in trust) that is stipulated by the donor when the trust is created.

A trust which provides a sum certain, not less than five percent of initial fair market value of all property placed in trust, to be distributed at least annually to a non-charitable beneficiary, with remainder to a qualified charity.

a gift in the form of a trust (better for gifts exceeding $100,000) that avoids fluctuations in interest rates by providing a fixed income to you or someone you designate for life, joint lives, or a term of up to 20 years. Afterward, the remainder in the trust becomes the property of the Jewish community.

A trust that pays a fixed amount of income annually to a non-charitable beneficiary. The remainder goes to charity.

a trust in which a donor transfers assets to a trustee subject to the right to receive a fixed percentage of initial net fair market value of property for life.

A charitable remainder trust that pays a fixed amount annually to a non-charitable beneficiary, with the remainder going to charity. The donor cannot make additional contributions to this type of trust.

A trust that pays income to an individual for a term of years or for life. Like a unitrust except that the income is a fixed dollar amount or fixed percentage of the trusts’s value at inception. The remainder is paid to a charity at the end of the term.

An annuity trust pays a fixed amount annually to the contributor or designated beneficiary. The fixed amount must be equal to/not less than 5% of the initial fair market value of the property placed in the trust.

This type of charitable trust provides an annual payout based on the market value of the assets as of the date the trust is established. Therefore, this payout will remain constant over time. Also, a CRAT can only be funded at the time of acquisition, and cannot accept additions to the trust at any time.

Highly appreciated, low yield property may be transferred into a living remainder annuity trust. The individual selects an annuity amount or a percent of the initial fair market value that will be paid for one or two lifetimes. The annuity amount will be fixed and will not change regardless of the value of the trust principal or the return of the trust. The charity received the trust principal after all income payments have been completed.

A charitable trust arrangement whereby the donor or other beneficiary is paid annually an income of a fixed amount of at least 5% but not more than 50% of the initial fair market value of property placed in the trust, for life or for a period of up to 20 years; one or more qualified charitable organizations must be named to receive the remainder interest upon the death of the donor or other income beneficiaries, and the value of the charitable remainder interest must be at least 10% of the net fair market value of all property transferred to the trust, as determined at the time of the transfer.

A specified dollar amount (at least 5% of the fair market value of the assets at the time the trust is created) be paid at least once a year to the beneficiary for their lifetime or for a term of years, not to exceed twenty.

A Charitable Remainder Annuity Trust, is a Planned Giving vehicle that entails a donor placing a major gift of cash or property into a trust. The trust then pays a fixed amount of income each year to the donor or the donor's specified beneficiary. When the donor passes away, the remainder of the trust is transferred to the charity.