Over the years a number of helpful tools have been developed that are designed to help you make significant charitable gifts while also enjoying tax savings and other financial benefits. The charitable remainder trust is one such tool. Through the use of this increasingly popular plan, you may be able to achieve one or more of the following goals:
- Increase income from low-yielding assets
- Reduction or elimination of income, estate, and gift taxes that would otherwise be due
- Diversification of investment assets and potential for tax-free growth of assets
- Creation of a source of income for children, parents, and/or other loved ones
- The enjoyment of making a gift that might not otherwise be possible
Learn more by visiting our website or contact us at any time to receive a booklet with an overview of the many uses of the charitable reminder trust.