Charitable Remainder Annuity
The annuity trust shares many features of the unitrust, but with an annuity trust, you and/or your spouse (or other beneficiary) receive annually a fixed amount from the trust. this amount is agreed upon when you create the trust. It stays constant, regardless of what happens with the stock market or interest rates.
Both of these trusts can provide significant tax advantages to the donor, income for life and support to the ABYC Foundation while the donor is living. Please call for further details.
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