Examples of Charitable remainder trust in a sentence
Definitions.The following definitions apply to this Article unless the context clearly requires otherwise:(1) "Charitable remainder trust" means a trust that provides for a specified distribution at least annually for either life or a term of years to one or more beneficiaries, at least one of which is not a charity (hereinafter referred to as "beneficiaries"), with an irrevocable remainder interest to be held for the benefit of, or paid over to, charity.
In § 25.2702–1, paragraph (c)(3) is revised to read as follows:§ 25.2702–1 Special valuation rules in the case of transfers of interests in trust.* * * * *(c) * * *(3) Charitable remainder trust.
Pass along appreciated assets to family members– Provide income to charitable fund– Estate and gift tax savings Charitable remainder trust (CRT):The donor or other named individuals receive an income stream for their lifetimes or for a period not to exceed 20 years.
Charitable remainder trust assets, where the University does not serve as trustee, are initially valued using the current fair value of the underlying assets, using observable market inputs based on its beneficial interest in the trust, discounted to a single present value using current market rates at the date of the contribution.
Objective 1: By January 31, 2022, a contract will be issued for a Regional Food Assessment (RFA) study to be conducted.
Rowe Price Value Fund Inc386,122- -386,122Mutual Funds Blackrock Global Allocation487,000--487,000 Charitable remainder trust receivables - - 454,427 454,427Deferred compensation planEquities - AB Wealth Appreciaiton 234,959 - - 234,959 Total assets, at fair value $ 10,397,701 $ - $ 433,246 $ 10,830,947 16.
These challenges placed a burden on the post’s few staff members and likely contributed to Volunteer dissatisfaction.
If a Donor has designated children or grandchildren as successor family advisors and if the charitable interests of the Donor’s descendants are sufficiently diverse, RAF may, with the consent of the advisors, divide the Donor Advised Fund into multiple Donor Advised Funds and limit each descendant’s advisory privilege to a separate fund.
Charitable remainder trust assets held as trustee and beneficial interest in trusts - represents assets held by the Foundation under charitable remainder trusts.
Charitable Remainder, Perpetual Trusts, and Pooled Income Fund Level 1 Assets Charitable remainder trust assets for which Defenders is a trustee are invested in a diversified portfolio of mutual funds and marketable securities, which are valued at fair value based on quoted market prices of the underlying investments, and are therefore classified within Level 1.