TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CHARITABLE REMAINDER UNITRUST [1 record]

Record 1 2008-08-28

English

Subject field(s)
  • Law of Trusts (common law)
  • Law of Estates (common law)
DEF

A custom designed and individually managed trust that enables you to retain a variable income for your lifetime or a fixed term of years, claim a current income tax deduction, and make a future gift to charity.

CONT

A charitable remainder unitrust pays income based on a percentage of the fair market value of the trust assets as determined annually. Typically, the "CRUT" will be revalued every January 1st. Because a unitrust pays a variable amount of income based on the annual market value of the trust assets, this form of charitable remainder trust may provide a hedge against inflation.

French

Domaine(s)
  • Droit des fiducies (common law)
  • Droit successoral (common law)
DEF

Type de fiducie résiduaire de bienfaisance aux États-Unis qui verse annuellement un pourcentage fixe de l'actif de la fiducie, révisé chaque année, à un ou à plusieurs fiduciaires leur vie durant ou pendant un nombre d'années donné.

Spanish

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