What is the distinguishing feature of charitable lead trusts?

Question

Quizplus · Accepted Answer

The distinguishing feature of charitable leads trusts is that the donor in the charitable lead trust gives away an income stream and receives a remainder interest. The donor places income-producing property in a reversionary trust and directs that the trust income be transferred to a designated charity for a period of time not to exceed 20 years. At the end of this "lead" time, the property reverts to the donor or to some other non-charitable beneficiary.

What Is the Distinguishing Feature of Charitable Lead Trusts