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What is a Charitable Remainder Trust?
Posted By wealthtender on Finance
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Key Points:
A Charitable Remainder Trust (CRT) is used to reduce taxes for wealthy families Assets in a CRT are irrevocable and give certain non-charitable beneficiaries access to a periodic income stream The remaining balance, after the income stream period, goes to charitable beneficiarie...
A Charitable Remainder Trust (CRT) is used to reduce taxes for wealthy families Assets in a CRT are irrevocable and give certain non-charitable beneficiaries access to a periodic income stream The remaining balance, after the income stream period, goes to charitable beneficiarie...
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