Archive for June 22nd, 2009

The Benefits of a Charitable Remainder Unitrust

Monday, June 22nd, 2009

A Charitable Remainder Unitrust (CRUT) was created to provide an income to a non-charitable beneficiary while simultaneously transferring the remainder interest to a qualified charity.The donor would irreversibly transfer securities or property to a trustee. The trustee would then pay the donor (or other income beneficiary) income from the property ...