Definition of «charitable remainder»

The phrase "charitable remainder" refers to a type of charitable donation where a person or organization gives assets, such as money or property, to a charity while still being able to benefit from those assets during their lifetime. The charity receives the assets after the donor's death or a specified period of time.

Phrases with «charitable remainder»

Sentences with «charitable remainder»

  • Charitable gift annuities, along with charitable remainder trusts, are discussed in the chapter devoted to estate planning. (humbledollar.com)
  • The big difference is that the annuity option guarantees a specific rate of return while charitable remainder trust payments vary depending on the performance of the stock market. (realtormag.realtor.org)
  • Essentially what it is is setting up entities, like a family limited partnership, or a charitable lead trust or charitable remainder trust for example. (purefinancial.com)
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