CTFA Certified Trust And Fiduciary Advisor Exam

Which type of Charitable Remainder Trust pays a fixed percentage of the trust's fair market value, revalued annually?

Charitable Remainder Annuity Trust (CRAT) Net Income Makeup Unitrust (NIMCRUT) Charitable Remainder Unitrust (CRUT) Charitable Lead Annuity Trust (CLAT)

Correct Answer:

Charitable Remainder Unitrust (CRUT)

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