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.
Please contact us for further information and assistance.
“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.”
Steven Ramel
MBA 1996
Senior Vice President
GE Commercial
Finance
