Charitable Remainder Trust
A Charitable Remainder Trust is the mirror image of the Charitable Lead Trust. Trust income is payable to you, your family members or other heirs for a period of years, and then the principal goes to your favorite charity. A charitable remainder trust can be beneficial because it provides you with a stream of current income — a desirable feature if there won't be enough income from other sources.
Disclaimers:
Not a Deposit.
Not FDIC-Insured.
Not Insured by any Government Agency.
Not Guaranteed by the Bank.
May go Down in Value.