Question: A charitable trust that is created to provide a certain percentage of assets designated to a beneficiary each year for 20 years and then pays

A charitable trust that is created to provide a certain percentage of assets designated to a beneficiary each year for 20 years and then pays the balance to a charity is called a(n):

Select one:

a. Giving trust

b. Income trust

c. 20 year expectation trust

d. Charitable remainder trust

e. Charitable lead trust

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