Charitable Remainder Annuity Trust

The annuity trust provides for regular payment of a fixed dollar amount to the designated beneficiary(ies) for a term of years or for the beneficiary(ies) lifetimes.

The amount must equal at least 5 percent of the initial fair-market value of the trust. At the death of the last beneficiary, the trust principal is distributed to the UW Foundation.

In addition to the income you will receive from the trust, you will also be entitled to a charitable income-tax deduction for the value of our remainder interest in the trust assets.