Concerning advantages of charitable remainder annuity trust

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Reference no: EM13932823

Which of the following statements concerning the advantages of the charitable remainder annuity trust over the charitable remainder unitrust is (are) correct?

I The annuity trust is easier to administer.

II The annuity trust may provide a larger current income tax deduction.

III The annuity trust may provide a greater value for the remainder interest.

A. I only

B. I and II only

C. II and III only

D. I, II and III

Provide a detailed explanation.

Reference no: EM13932823

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