Which of the following describes a Charitable Lead Trust? A charitable trust arrangement in which a fixed-income interest passes at least annually to one or more non- charitable beneficiaries and at the death of the last income beneficiary, the remainder interest passes to a qualified charity A charitable trust arrangement in which a fixed percentage is paid at least annually to one or more non- charitable beneficiaries and at the death of the last income beneficiary, the remainder interest passes to a qualified charity A fund maintained by a qualified charity that contains commingled donations from many sources and that allows a donor's estate an estate ta charitable deductio for the remainder interest. A tax planning device in which the donor transfers property Inter-vivos or by will to a trust whose earnings go to a charity for certain period after which the trust corpus reverts to the donor or some other party