Charitable Remainder Annuity Trusts

• You transfer cash, securities or appreciated property into a trust.
• You or the beneficiaries you name receive fixed annual payments.
• The Providence Center receives the remainder when the trust terminates.

Benefits

• You receive an immediate income tax deduction for a portion of your contribution to the annuity trust.
• When you use appreciated assets to fund the trust, you pay no upfront capital gains tax.
• You or your designated income beneficiaries receive fixed amount of income for life or a term of years regardless of the economy or stock market.
• You have the satisfaction of making a significant gift that benefits you now and The Providence Center later.