Benefits of a Charitable Remainder Trust

The Charitable Remainder Trust is one of the most common tax planning techniques we use with clients here at Ainer & Fraker, LLP.

In earlier posts, we talked about the Technical Requirements of a Charitable Remainder Trust, so now let’s look at three of the key benefits to the client of a Charitable Remainder Trust including:

1. Immediate Income Tax Deduction for Amounts Passing to Charity

2. Deferral of Capital Gains Taxation until Income flows to the Beneficiary

3. Removal of Assets from your Taxable Estate for Federal Estate Tax purposes, for amounts passing to Charity

We will examine each of these in a subsequent post, so click on a link above to follow the topic you are interested in learning more about.