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Glossary · trusts

Charitable Remainder Trust

Acronym: CRT

In plain English

A trust that pays you (or another non-charitable beneficiary) income for a term of years or life, with whatever's left going to charity.

Fund a CRT with highly-appreciated assets — the trust can sell them without triggering capital-gains tax, giving you more working principal to produce income. You also get a partial income-tax deduction up front for the present value of the charity's remainder interest.

Educational information only. Mister AMS is not a law firm and does not give legal, tax, or financial advice. For your situation, consult a licensed professional admitted in your state.
Charitable Remainder Trust | Mister AMS