Purpose trusts can be used to accomplish a civic, environmental, or other goal but there are issues and an alterative ...

If you have extra funds and want to support a cause, a charitable trust might be an option. “A charitable trust can only be set up to give money to a charitable cause, but it also is a valued way to ...

Quick Read A concentrated single-stock position worth $2.4M with only $180K cost basis creates a $2.22M embedded capital gain ...

What is a charitable lead trust? A charitable lead trust (CLT) is designed to accomplish philanthropic objectives at a time when the grantor(s) can take advantage of the high gift and estate tax ...

Accountant and financial planner Charles McLucas Jr. vividly recalls the first time he crafted a charitable remainder trust. A couple in Northern California owned a glass business and the building it ...

Last week, we discussed charitable lead trusts and split-interest trusts in general. In this episode, Dale, Anneke, and I take a deep dive into the world of charitable remainder trusts, focusing on ...

Trustees have a duty to diversify charitable remainder trust (CRT) investments. Let’s look at the diversification of investment rules applicable to all trusts and then home in on cases involving CRTs.

Historically, charitable planning has involved strategies like a charitable remainder trust or perhaps the establishment of a private foundation. Although these are appropriate options for some and ...

Learn how trust funds work, their benefits, and the differences between revocable and irrevocable funds. Understand how they ...