Question: Final Exam David would like to fund a charitable trust and name himself as the income beneficiary. He would like the payout from the trust

Final Exam

David 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 Davids desires, which type of charitable trust should David fund?

Select one: a. Charitable Lead Annuity Trust. b. Charitable Lead Unitrust. c. Charitable Remainder Annuity Trust. d. Charitable Remainder Unitrust.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!