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Marco has become charitably inclined since suffering serious health issues. He wants to establish a charitable trust that will provide him with an annual income

Marco has become charitably inclined since suffering serious health issues. He wants to establish a charitable trust that will provide him with an annual income for life with the remainder to charity. He also wants to be able to make additional contributions to the trust on an ongoing basis. Which of the following charitable trusts will meet his needs?

Charitable lead trust (CLT)

Charitable remainder annuity trust (CRAT)

Charitable remainder unitrust (CRUT)

A) I and II

B) I only

C) III only

D) II and III

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