Charitable Giving: Using Charitable Remainder Trusts

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In today’s market, the generosity of private citizens is more important than ever for non-profit organizations and programs. A charitable remainder trust can allow you to make a significant contribution and give much-needed funds to a cause you care about. It may also give you a tax break as well as income from the asset, even after giving it away.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jason M. Woodward, MS, J.D., LL.M., Woodward Tax Law | Attorney Advertising

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