15.10 Charitable Remainder Trusts

• Library: A Lawyer's Guide to Estate Planning: Fundamentals for the Legal Practitioner (ABA) (2018 Ed.)

15.10 Charitable Remainder Trusts

There are two types of charitable remainder trusts: the charitable remainder annuity trust and the charitable remainder unitrust. There are many variations. Fortunately, the IRS has made drafting easy. It has provided charitable remainder trust forms that it will accept as meeting all IRS drafting requirements. The charitable remainder unitrust inter vivos forms include those with (1) one measuring life; (2) a term of years; (3) two measuring lives, payable concurrently...