George has asked you for advice. He has a stock portfolio worth about $700,000 with a cost basis of $400,000. He would like to retire and have a steady stream of income from this asset. He has no immediate family. He has heard of Charitable Remainder Annuity Trusts and Charitable Remainder Unitrusts and is wondering if something like that would fit his situation. Research his situation and advise George on his situation. You may make some assumptions, such as taxation options on selling the stocks, etc.