CBSE BOARD X, asked by 7298266359, 4 months ago

write down more information about any charitable trust​

Answers

Answered by XxArmyGirlxX
0

A charitable trust is an irrevocable trust established for charitable purposes and, in some jurisdictions, a more specific term than "charitable organization". A charitable trust enjoys a varying degree of tax benefits in most countries. It also generates good will. Some important terminology in charitable trusts is the term ‘corpus’ (Latin for ‘body’) which refers to the assets with which the trust is funded and the term ‘donor’ which is the person donating assets to a charity.

Answered by djoshuanoeldjnoel
0

Answer:

A charitable trust is a set of assets

Explanation:

usually liquid that a donor signs over or uses to create a charitable trust .

HERE IS YOUR ANSWER..

Similar questions