A Trust in Which a Fixed Percentage (Not Less Than

question 19

Multiple Choice

A trust in which a fixed percentage (not less than 5 percent) of the value of the trust property is given at least annually to a beneficiary, and the entire remainder is given to charity is a(n)

• A) charitable remainder annuity trust.
• B) A-B trust.
• C) charitable remainder unitrust.
• D) QTIP trust.

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