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6 Cards in this Set
- Front
- Back
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Charitable Lead Annuity Trust
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An irrevocable trust providing current income payments to a charity, followed by payment of the remainder interest to a non-charitable beneficiary.
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Enhanced Charitable Trust (also known as an Enhanced Charitable Lead Annuity Trust)
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A trust provides current income payments to charity, but also purchases life insurance. Upon death of donor trust makes final payment to charity and the remainder of the trust goes to non-charitable beneficiary.
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Charitable Remainder Trust
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An irrevocable trust providing current income payments to a non-charitable beneficiary, followed by payment of the remainder interest to a charity.
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Bequest
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Cash or property transferred to a charity at a donor's death.
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Charitable Remainder Annuity Trust
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Same as a charitable remainder trust but pays current income as a fixed dollar amount.
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Charitable Remainder Unitrust
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Same as a charitable remainder trust but pays current income as a fixed percentage of the trust's assets.
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