A source of cash flow for the life of the donor or other loved one. A way to diversify the donor's portfolio without recognizing a capital gain. There are two main types of Charitable Remainder Trusts. Each type provides the donor with a source of cash flow, paid at least annually. A Charitable Remainder Unitrust makes payments equal to a fixed percentage of the value of assets held by the trust as established at the beginning of each trust year.
Payments go up or down depending on the performance of trust investments.
I want to know more . A Charitable Remainder Annuity Trust makes payments based on the fair market value of the assets established on the date the trust is created. Payments from an Annuity Trust are fixed. I want to know more . Retained Life Estate A donor may make a gift of his or her residence or vacation home to Creighton University while retaining the right to use the property for the rest of his or her life.