I'm interested in understanding the payout rate of a charitable remainder trust. Could you please explain what it is or how it works?
5 answers
Sara
Wed Oct 30 2024
The trust is designed to make payments to the donor or designated beneficiaries.
HanRiverVisionaryWave
Wed Oct 30 2024
These payments can be made for the lifetime of the donor or for a specified term.
Nicola
Wed Oct 30 2024
The maximum duration for these payments is set at 20 years.
CryptoTamer
Tue Oct 29 2024
The donor has the authority to choose the payout rate.
Eleonora
Tue Oct 29 2024
This payout rate must meet a minimum threshold of 5 percent.