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 ...

What Is a Charitable Remainder Trust? Charitable remainder trusts (CRTs) are a popular estate planning strategy for high-net-worth individuals and philanthropists looking to reduce their tax liability ...

For various reasons, the charitable remainder annuity trust has long been underutilized as a gift planning vehicle. At any given moment there may be somewhat over a hundred thousand split interest ...

Let’s say your client is the beneficiary of a family trust (meaning here a noncharitable irrevocable trust) that was created by a grandparent who made a fortune by founding a restaurant chain. The ...

A charitable lead trust (CLT) is an irrevocable trust designed to provide financial support to one or more charities for a period of time, with the remaining assets eventually going to family members ...

The last 50 years have seen enormous societal shifts in the role women play in their own personal finances. From getting married later in life to securing more senior and higher paying positions to ...

As an experienced independent financial advisor and investor, I understand the dual benefits of charitable donations. They allow you to support causes you care about while providing significant tax ...

A recent Tax Court case, Estate of Block v. Commissioner, T.C.M. (RIA) 2023-030 (T.C. 2023), examined whether a Connecticut estate could claim a charitable deduction under Internal Revenue Code ...

The tests, free and easy to schedule, were a small price to pay, she said, for ensuring the safety of others and, especially, maintaining a bit of happiness during the pandemic. It was also, to a ...