California State University Bakersfield

Charitable Remainder Annuity Trust for a Term Certain

Full Name
Transfer Value
Annuity Rate
Term Years

A charitable remainder annuity trust is a custom designed and individually managed trust that enables you to retain a fixed income for your lifetime or a fixed term of years, claim a current income tax deduction, and make a future gift to charity.

Input Descriptions

Full Name. Please enter the full name of the donor as you would like it to appear on the report.

Transfer Value. Enter the combined fair market value of all assets you would like to transfer. This can be as little as $10,000 or as much as $100,000,000.

Annuity Rate. Enter the Annuity Rate as a percentage (e.g. 5.0, 6.23). This rate will be multiplied by the trust's asset value on the date of transfer to compute your level annual income. The lower the annuity rate, the higher the deduction. This value must be between 5.0 and 12.0.

Term Years. Enter the number of years you would like the trust to pay you income. This number cannot exceed 20 years.

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