A charitable remainder trust
A) splits assets between a surviving spouse and a trust
B) distributes income on a trust to a charitable organization for a period of time, after which, the principal assets are transferred to a beneficiary
C) is the same as a Q-TIP trust
D) distributes income from trust assets to individual beneficiaries for a period of time, after which, the principal assets are transferred to a remainderman, which must be a charitable organization
Correct Answer:
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