Charitable Remainder Unitrust: An irrevocable trust created under the authority of Internal Revenue Code § 664.  This special, irrevocable trust (known as a “CRUT”) has two primary characteristics: 1) Once established, the CRUT distributes a fixed percentage of the value of its assets (on an annual or more frequent basis) to a non-charitable beneficiary (which is considered the Settlor of the trust); and 2) At the expiration of a specified time (usually the death of the Settlor), the remaining balance of the CRUT’s assets are distributed to a named charity in the trust document.


For more information on this topic, contact us at or call (760) 448-2220 to schedule an appointment with one of our experienced estate planning attorneys. Also, check out our estate and business planning books at