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.
Common Investing Mistakes
Welcome to Cup of Bull, my name is Michael Dunham, Director of Planning here at Fontana Financial Planning, and with me today is Patrick Fontana,