Charitable Remainder Unitrust

Charitable Remainder Unitrust Diagram

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 State University of New York at Oneonta Foundation Corporation for purposes you specify

Benefits

  • Payments to one or more beneficiaries, varying annually with the value of the trust
  • Federal income-tax deduction for the charitable remainder value of your interest
  • No capital-gain tax when trust is established; property is sold by the trust
  • Trust remainder will provide generous support for State University of New York at Oneonta Foundation Corporation

More Information

Contact Us

Joanne Tobey
Division of University Advancement
Phone: 607.436.2481
Email: joanne.tobey@oneonta.edu

 

SUNY Oneonta
108 Ravine Parkway, Alumni Hall
Oneonta, NY 13820

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer