Charitable Remainder Unitrust
Charitable Remainder Unitrust
Definition: A type of charitable remainder trust requiring payments that are based on a fixed percentage of the net fair market value of the trust's assets be made from the trust to the non-charitable beneficiaries at least annually. Also see charitable remainder trust.
Definition: A type of charitable remainder trust requiring payments that are based on a fixed percentage of the net fair market value of the trust's assets be made from the trust to the non-charitable beneficiaries at least annually. Also see charitable remainder trust.