BENEFITS

• You, or the beneficiaries you name, receive fixed income for life or a term of years.
• This income does not fluctuate with the market value of the trust?s assets.
• Payments are made on a quarterly basis.
• Establish a charitable remainder annuity trust during your lifetime or through your will or living trust to create a fixed and secure source of income for your heirs.

TAX ADVANTAGES

• Receive an immediate charitable income tax deduction.
• Pay no capital gains tax at the time you transfer assets to the trust (tax will be paid on the quarterly income payments).
• A charitable remainder annuity trust is a tax-savvy approach to using highly appreciated assets to make philanthropic gifts.
• By donating the asset, you also remove it from your taxable estate.

HOW IT WORKS

• Establish a charitable remainder annuity trust, and make an irrevocable transfer of cash, securities or other appreciated property.
• The trust may last for the life of the beneficiary or for a term of years (up to 20 years).
• The transferred assets are invested or sold by the trustee.
• Select a trustee: You or The UCLA Foundation can serve as trustee, or you may choose your own trustee.
• The regular, taxable payments you or your beneficiaries receive are fixed and do not fluctuate with the market value of the trust?s assets.
• Upon the termination of the trust, the remainder is distributed to The UCLA Foundation for the philanthropic purposes you have designated.