Charitable remainder unitrust
id:
charitable-remainder-unitrust-310-1727904
title:
Charitable remainder unitrust
text:
A charitable remainder unitrust is an irrevocable trust created under the authority of the United States Internal Revenue Code § 664 ("Code"). This special, irrevocable trust has two primary characteristics: (1) Once established, the CRUT distributes a fixed percentage of the value of its assets to a non-charitable beneficiary; and (2) At the expiration of a specified time, the remaining balance of the CRUT's assets is distributed to charity. The trustee determines the fair market value of the C
brand slug:
wiki
category slug:
encyclopedia
description:
Irrevocable trust with non-charitable and charitable beneficiaries
original url:
https://en.wikipedia.org/wiki/Charitable_remainder_unitrust
date created:
date modified:
2024-03-21T21:07:21Z
main entity:
{"identifier":"Q5074437","url":"https://www.wikidata.org/entity/Q5074437"}
image:
fields total:
13
integrity:
14