Planned Giving

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 Cortland College Foundation 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 SUNY Cortland

More Information

Contact Us

Tina Aversano ’96
Director of Development
607-753-5477
Development@cortland.edu

 

SUNY Cortland
Brockway Hall
Cortland, NY 13045

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Contact Us

Cortland College Foundation
P.O. Box 2000
Cortland, NY 13045 
607-753-2518
Email us

Tina Aversano ’96
Director of Development
Development@cortland.edu