Cartoon Guy Holding Stack Of Books

Civil Case

ABC Blocks

A trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor). these trusts are usually set up during the grantor’s lifetime and are irrevocable. (see also: charitable remainder trust)

Was This Term Helpful?

0 out of 0 found this helpful


Still got a question or concern?

Click here to contact us or go back to the main Glossary page.