Nonprofit Law Matters

Tag Archives: charitable remainder annuity trust

Good News for CRATs!

Posted in Charitable Gift Planning, IRS

A charitable remainder annuity trust (“CRAT”) is a trust that pays a fixed amount to a beneficiary (typically the donor) for his/her life or a term of years, and then pays the remainder to one or more charities.  The fixed amount is generally defined as a percentage of the initial value of the asset(s) contributed… Continue Reading