Create trust agreement stating terms of the trust (usually for a term of years), transfer cash or other property to trustee, and receive an income-tax deduction
Trustee invests and manages trust assets and makes annual payments to
SUNY Cortland
Remainder transferred back to you
Benefits
Annual gift to
SUNY Cortland
Property returned to donor at end of trust term
Professional management of assets during term of trust
Charitable income-tax deduction, but you are taxed on trust's annual income
