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| Definition Of: |
Charitable Remainder Trust
A trust established for the benefit of a charitable organization under which the charitable organization receives income from an asset for a set number of years or for the settlor's lifetime. Upon termination of the trust, assets revert to the settlor or designated heirs.
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Banking INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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