Phrases with «remainder trust»

A remainder trust is a legal arrangement where assets or property are placed in a trust, with the income from the trust given to a designated beneficiary for a certain period of time. After that time period, the remaining assets or property are then transferred to another beneficiary or beneficiaries. It allows for the distribution of assets while ensuring that the designated beneficiary receives income from the trust during their lifetime. Full definition

remainder trust

charitable remainder trust

Sentences with «remainder trust»

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)
It was the use of the property the elderly lady was concerned about, I designed it through a charitable remainder trust for her family and to provide low - mod housing. (biggerpockets.com)
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create. (animalleague.planmylegacy.org)
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Phrases with «remainder trust»

Sentences with «remainder trust»

See also