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Charitable Remainder Trusts

A charitable remainder trust is a legal agreement that specifies how the assets place in the trust will be managed. There are two kinds of charitable remainder trusts--unitrusts and annuity trusts. In both kinds, assets are placed in a trust that provides income to designated persons for life or for a fixed period of time, after which the remaining assets are distributed to a charitable organization. A charitable remainder trust is an attractive method to achieve a variety of financial objectives while making a significant gift to Dominican University. The type of remainder trust best suited to you depends on your individual needs.

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“My decisions at work are constantly informed by what I learned in my MBA courses at Dominican. The curriculum and the faculty have made a lasting contribution to my professional expertise. In my competitive work environment, I feel well prepared.”

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MBA 1996
Senior Vice President
GE Commercial
Finance

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