Question: Evander would like to fund a charitable trust and name himself as the income beneficiary. He would like the payout from the trust each year
Evander would like to fund a charitable trust and name himself as the income beneficiary. He would like the payout from the trust each year to be constant. Given Evanders desires, which type of charitable trust should Evander fund?
Charitable lead annuity trust CLAT
Charitable lead unitrust CLUT
Charitable remainder unitrust CRUT
Charitable remainder annuity trust CRAT
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
