Financial Planning

The tax advantages of charitable remainder trusts — and the risks

For clients with highly appreciated assets aiming to transfer part of their holdings to an heir in a tax-efficient way while giving to a nonprofit, charitable remainder trusts could be a fit.
Berkshire Eagle

What is the value of a remainder interest at death?

While the value of your home is unusual, the idea of transferring a home to children in trust is not. Doing so can offer them divorce, creditor and tax protections as well as provide a mechanism for ...
Los Angeles Times

Should this couple leave their estate to kids who don’t share their values?

Dear Liz: My husband and I are in our 60s and have two grown children. There are no grandchildren, and it’s not looking like there will be any. Sadly, our children do not share our values. We don’t ...
Business Insider

How the rich have their cake and eat it too by using trusts to give to charity, collect cash, and save on taxes at the same time

Rich Americans can parlay their philanthropy into guaranteed income for life and tax savings. Charitable remainder trusts give annual payments, and whatever is left at the end goes to charity. There ...