Charitable Remainder Annuity Trust (CRAT): One Measuring Life (FL) | Practical Law

Charitable Remainder Annuity Trust (CRAT): One Measuring Life (FL) | Practical Law

A Standard Document creating a charitable remainder annuity trust (CRAT) for a settlor residing in Florida with an annuity period based on one measuring life. This CRAT is an irrevocable trust created for the initial benefit of one non-charitable beneficiary who receives a guaranteed annuity for the non-charitable beneficiary's life. At the end of the term, the property is distributed to one or more charitable beneficiaries.

Charitable Remainder Annuity Trust (CRAT): One Measuring Life (FL)

Practical Law Standard Document w-000-3047 (Approx. 37 pages)

Charitable Remainder Annuity Trust (CRAT): One Measuring Life (FL)

by Practical Law Trusts & Estates
MaintainedFlorida
A Standard Document creating a charitable remainder annuity trust (CRAT) for a settlor residing in Florida with an annuity period based on one measuring life. This CRAT is an irrevocable trust created for the initial benefit of one non-charitable beneficiary who receives a guaranteed annuity for the non-charitable beneficiary's life. At the end of the term, the property is distributed to one or more charitable beneficiaries.