Meaning Charitable Remainder Unitrust
What does Charitable Remainder Unitrust mean? Here you find 5 meanings of the word Charitable Remainder Unitrust. You can also add a definition of Charitable Remainder Unitrust yourself
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Charitable Remainder UnitrustA kind of charitable remainder trust in which the trustee pays the income beneficiary an amount equal to a percentage of the trust assets each year.
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Charitable Remainder Unitrustsee trust
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Charitable Remainder UnitrustA charitable remainder unitrust is an irrevocable trust created pursuant to 26 USCS § 664. The two main characteristics of this trust are: 1. Once established, the trust distributes a fixed percentage [..]
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Charitable Remainder Unitrust A CRUT is very similar to the CRAT. The trust provides yearly, variable income to the donor or his beneficiaries for a specified number of years or for life; UC San Diego receives the principal and uses it in accordance with the donor's wishes.
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Charitable Remainder UnitrustAn irrevocable trust which names one or more charities as the final beneficiary. During the life of the trust, it pays a donor and/or other individuals an income for life based on a fixed percentage [..]
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| << Charitable Remainder Annuity Trust | Child Status Protection Act >> |
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