What is the required minimum payout rate to a qualified charity from a CLT? A. 0 percent.

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What is the required minimum payout rate to a qualified charity from a CLT?

A. 0 percent.

B. 5 percent of the initial corpus.

C. 5 percent of the corpus valued annually.

D. 5 percent of the fair market value of the corpus valued annually.

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Essentials Of Personal Financial Planning

ISBN: 9781945498237

1st Edition

Authors: Susan M. Tillery, Thomas N. Tillery

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Question Posted: Apr 08, 2024 02:00 AM

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What is the required minimum payout rate to a qualified charity from a CLT? A. 0 percent.

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The correct answer is A 0 percent There is no required minimum payout rat...View the full answer

Essentials Of Personal Financial Planning

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