Charitable Remainder Trusts are irrevocable trusts that afford the opportunity to donate assets to a charity and draw down an income, either for life or a specific term. Establishing a Charitable Remainder Trust can include the transfer of cash, property, or other assets. The Charitable Remainder Trust, once established, pays income to at least one living beneficiary or can be established for multiple beneficiaries. At the end of life or the term of the trust, the remainder is then distributed to the charitable entity chosen.
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Off to School: Guide to 529 Distributions
For most investors, the 529 account is the most used account type to save and invest for a child’s education. This type of account provides