What is the meaning of Charitable remainder trust?

Charitable remainder trust is an irrevocable trust that pays income to a designated person or persons until the grantor's death, when the income is passed on to a designated charity. A charitable lead trust by contrast allows the charity to receive income during the grantor's life, and the remaining income to pass to designated family members upon the grantor's death.

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APABarry Goldsmith. (2010). charitable remainder trust. Retrieved September 21, 2026, from http://smartdefine.org/charitable_remainder_trust/definitions/1149810
ChicagoBarry Goldsmith. 2010. "charitable remainder trust" http://smartdefine.org/charitable_remainder_trust/definitions/1149810 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, charitable remainder trust, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/charitable_remainder_trust/definitions/1149810>.
MLABarry Goldsmith. "charitable remainder trust" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/charitable_remainder_trust/definitions/1149810>