What is the basic difference between the Charitable Remainder Unitrust and the Charitable Remainder Annuity Trust?
One key difference is that the Charitable Remainder Unitrust provides a fluctuating payment amount whereas the Charitable Remainder Annuity Trust provides a fixed dollar amount annually. In general, the Unitrust provides much more flexibility for the donor. See the Charitable Remainder Trust Comparison chart for more information.
Related Questions
- What is the basic difference between the Charitable Remainder Unitrust and the Charitable Remainder Annuity Trust?
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