The Jacobs Company
Charitable Planning Uses
Charitable Remainder Unirust(CRUT)
Diagram

The donor transfers an asset to the trustee of the charitable remainder unitrust (CRUT) and receives a set percentage of the trust for each year thereafter. A current income tax deduction is also available.

When the donor or other named beneficiary dies, the remaining trust assets pass to the designated charity.

Charitable Remainder Unitrust Diagram!

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This document was last modified on July 26, 1999

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