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| Gorski, Mark | 1 |
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Gorski, Mark – American School Board Journal, 1992
Charitable remainder trust (CRT) is formal, legal arrangement whereby individual irrevocably transfers assets to trust. Income produced by trust is paid out to grantor and spouse for remainder of their lives. Pooled income for smaller deferred gifts is similar to CRT. Explains how those trusts can benefit both school district foundations and…
Descriptors: Elementary Secondary Education, Endowment Funds, Estate Planning, Fund Raising
