Charitable Remainder Trust
A Charitable Remainder Trust is a unique gift and estate planning vehicle. As the donor of this trust you receive significant benefits such as a current income tax charitable deduction, increase in annual cash flow, avoiding capital gains taxes on selling appreciated assets, making the full value of your assets available for income generation, allowing diversification of the full value of the proceeds and possible reduction of estate tax at death. As donor you can name a current beneficiary or multiple beneficiaries who receive a cash flow for life or a period of years. You also name the charitable remainder beneficiaries that receive the principal of the trust after the death of the current beneficiaries or when the stated term ends.
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