charitable remainder trust

charitable remainder trust
An irrevocable trust that pays income to a designated person or persons until the grantor's death, when the income is passed on to a designated charity. A charitable lead trust by contrast allows the charity to receive income during the grantor's life, and the remaining income to pass to designated family members upon the grantor's death. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • charitable remainder trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder trust …   Law dictionary

  • Charitable Remainder Trust — A tax exempt irrevocable trust designed to reduce the taxable income of individuals by first dispersing income to the beneficiaries of the trust for a specified period of time and then donating the remainder of the trust to the designated charity …   Investment dictionary

  • qualified charitable remainder trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • charitable lead trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable lead trust …   Law dictionary

  • charitable remainder annuity trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder annuity trust …   Law dictionary

  • charitable remainder unitrust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder unitrust …   Law dictionary

  • Charitable Lead Trust — A trust designed to reduce beneficiaries taxable income by first donating a portion of the trust s income to charities and then, after a specified period of time, transferring the remainder of the trust to the beneficiaries. The whole idea of a… …   Investment dictionary

  • Charitable remainder unitrust — Part of a series on Taxation Taxation in the United States …   Wikipedia

  • Charitable Remainder Annuity Trust — A Charitable Remainder Annuity Trust, is a Planned Giving vehicle that entails a donor placing a major gift of cash or property into a trust. The trust then pays a fixed amount of income each year to the donor or the donor s specified beneficiary …   Wikipedia

  • Charitable Remainder Annuity Trust — A type of gift transaction in which a donor contributes assets to a charitable trust which pays an annuity designed to leave a substantial proportion of the funds to charity upon termination of the annuity. The tax consequences of this… …   Investment dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”