Estimate Tax Deductions, Annual Payments, and More Using a Charitable Remainder Trust Calculator

Estimate Tax Deductions, Annual Payments, and More Using a Charitable Remainder Trust Calculator

breiby@growyourgiving.orgCommunity Foundation News

For those with highly appreciated assets and a desire to receive an income stream while mitigating taxes and supporting a charitable organization, a charitable remainder trust (CRT) might be the solution. A CRT is a “split-interest” giving arrangement, allowing philanthropically minded people to support their charitable goals, yet they or their beneficiaries receive income from the trust. Once the distributions …