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ERIC Number: EJ452838
Record Type: CIJE
Publication Date: 1992
Pages: N/A
Abstractor: N/A
Reference Count: N/A
ISSN: ISSN-0003-0953
Consider the Merits of a CRT.
Gorski, Mark
American School Board Journal, v179 n11 p31,33-34 Nov 1992
Charitable remainder trust (CRT) is formal, legal arrangement whereby individual irrevocably transfers assets to trust. Income produced by trust is paid out to grantor and spouse for remainder of their lives. Pooled income for smaller deferred gifts is similar to CRT. Explains how those trusts can benefit both school district foundations and donors. (MLF)
Publication Type: Journal Articles; Guides - Non-Classroom
Education Level: N/A
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: N/A