Clint established a trust “to pay $10,000 annually (in equal shares) to Columbia University and Cornell University for 10 years, principal then to Hugh or his issue.” This is an example of

A charitable lead trust.
A charitable remainder trust.
A private express trust.

Clint established a trust “to pay $10,000 annually to my wife, Cynthia, for life, and on her death to Columbia University and Cornell University (in equal shares).” This is an example of

A charitable lead trust.
A charitable remainder trust.
A private express trust.

Clint established a trust “to pay $10,000 annually (in equal shares) to Columbia University and Cornell University for 10 years, principal then to Hugh or his issue.” The $10,000 represents 5% of the initial value of the trust assets. This is an example of

A charitable lead annuity trust.
A charitable remainder trust.
A charitable lead unitrust.

Clint established a trust “to pay $10,000 every other year to my wife, Cynthia, for life, and on her death to Columbia University and Cornell University (in equal shares).” The $10,000 represents 5% of the initial value of the trust assets. This is an example of

A charitable remainder annuity trust.
A charitable remainder unitrust.
A private express trust.
None of the above