Friday, September 3, 2010

Charitable Remainder Annuity Trust

A charitable remainder annuity trust can be done in an estate plan where a fixed income interest passes at least annually to one or more non charitable beneficiaries and at the death of the last income beneficiary or at the end of a term or years not greater than 20 years.


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2 comments:

ericwilliam25 said...
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ericwilliam25 said...

A charitable gift annuity is a long-term contract between parties; in the case of property donation, the parties involved in a charitable annuity are the charity that is receiving the property and the owner or owners of the property.

charitable annuity