Charitable Remainder Trust

A tax-exempt irrevocable trust designed to reduce the taxable income of individuals by first dispersing income to the beneficiaries of the trust for a specified period of time and then donating the remainder of the trust to the designated charity.

The whole idea of a charitable remainder trust is to reduce taxes. This is done by first donating assets into the trust and then having it pay the beneficiary for a stated period of time. Once this time-frame expires, the remainder of the estate is transferred to the charities deemed as beneficiaries.


Investment dictionary. . 2012.

Look at other dictionaries:

  • charitable remainder trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder trust …   Law dictionary

  • charitable remainder trust — An irrevocable trust that pays income to a designated person or persons until the grantor s death, when the income is passed on to a designated charity. A charitable lead trust by contrast allows the charity to receive income during the grantor s …   Financial and business terms

  • qualified charitable remainder trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • charitable lead trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable lead trust …   Law dictionary

  • Charitable Lead Trust — A trust designed to reduce beneficiaries taxable income by first donating a portion of the trust s income to charities and then, after a specified period of time, transferring the remainder of the trust to the beneficiaries. The whole idea of a… …   Investment dictionary

  • charitable remainder annuity trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder annuity trust …   Law dictionary

  • charitable remainder unitrust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. charitable remainder unitrust …   Law dictionary

  • Charitable remainder unitrust — Part of a series on Taxation Taxation in the United States …   Wikipedia

  • Charitable Remainder Annuity Trust — A Charitable Remainder Annuity Trust, is a Planned Giving vehicle that entails a donor placing a major gift of cash or property into a trust. The trust then pays a fixed amount of income each year to the donor or the donor s specified beneficiary …   Wikipedia

  • Charitable Remainder Annuity Trust — A type of gift transaction in which a donor contributes assets to a charitable trust which pays an annuity designed to leave a substantial proportion of the funds to charity upon termination of the annuity. The tax consequences of this… …   Investment dictionary

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