charitable remainder trust definition

charitable remainder trust

Arrangement under which a donor receives income (for a fixed period or during donor's lifetime) from an asset donated to a qualified charitable organization. Upon the termination of the trust, the asset reverts to the charitable organization. See also charitable lead trust.

charitable remainder trust is in the Entrepreneurship, Management, & Leadership and Investing subjects.

charitable remainder trust appears in the definition of the following term: charitable lead trust

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