- Small business owners have most assets tied up in their business, yet they have no plan as to how to get those assets back to their family. #
Powered by Twitter Tools
Powered by Twitter Tools
Powered by Twitter Tools
The Charitable Remainder Trust (CRT) allows you to gift your property to charity, protect it from your creditors, save taxes, receive lifetime income, and still leave your heirs whatever amount you gifted to charity. As the trust grantor, you select a tax-exempt charitable organization as the beneficiary of the CRT. By funding the trust, you are making a charitable donation and are earning a tax deduction. As the lifetime income beneficiary, the trust will pay you an annual income. It’s the best of both worlds and a simple vehicle for protecting your assets.
Powered by Twitter Tools
Powered by Twitter Tools
© WFPLaw, PA - Attorneys at Law