Life Income Plans - Trusts A charitable remainder annuity trust pays a fixed amount (at least five percent of the fair market value of the trust assets when the trust is established) to you or your beneficiaries at least once a year. The payout is determined when you establish the trust, based on such factors as your age, the number of beneficiaries, your desired income, and the length of the trust term. If the trust earns more income than the agreed amount, the additional earnings are reinvested. If the earnings are less, withdrawals from the trust's principal make up the difference. Once the annuity trust is created, you may not make additional contributions to it. You will receive an income tax deduction for the value of the charitable remainder interest in the trust at the time you set it up (calculated from tables based on your age), and you avoid capital gains taxes on the transfer of appreciated long-term assets such as real estate or securities. Because the assets are effectively removed from your estate, you also avoid estate taxes. Features & Benefits: The opportunity to make a substantial gift to Purdue School of Engineering and Technology while receiving life income Fixed payout offers the security of guaranteed income Can unlock appreciated assets for diversification or increased yield Professional asset management Can receive an attractive equivalent rate of return Immediate tax deduction Avoid capital gains taxes Estate tax and probate savings Life Income Plans: Annuity Trusts | Unitrusts | Pooled Income Funds | Charitable Gift Annuities Giving : Dean's Council | Ways to Give to PSOET | Basics | Outright Gifts | Life Income Plans | Other Planned Gift Arrangements | Wills and Estate Plans | Appreciation and Recognition [an error occurred while processing this directive] [an error occurred while processing this directive]