A charitable trust holds assets and distributes them to charities. When you establish the trust you can specify how it will manage and invest its assets, as well as how it will make donations. There ...

These dual-purpose tools let affluent families combine philanthropic goals with advanced tax planning to generate income, reduce estate taxes and preserve wealth.

You can provide security for your heirs, make an IRA last for years after you, solve several estate planning problems, and help a charity. All you have to do is join the growing trend of naming a ...

Charitable trusts and foundations can be used to both secure personal, family or business assets and enable philanthropic endeavors. Each one provides assets, such as securities, with protection from ...

What is a charitable lead trust? A charitable lead trust (CLT) is designed to reduce the cost of gift and/or estate taxes of transferring assets to the next generation while providing a gift for ...

Accountant and financial planner Charles McLucas Jr. vividly recalls the first time he crafted a charitable remainder trust. A couple in Northern California owned a glass business and the building it ...

Trustees have a duty to diversify charitable remainder trust (CRT) investments. Let’s look at the diversification of investment rules applicable to all trusts and then home in on cases involving CRTs.

Once upon a time, estate planners could offer clients a great gift: The life expectancy payout, or stretch IRA, for the client's retirement plan beneficiaries. What appeared to be an "ugly duckling" ...

Board-level governance disclosure issued for public record, addressing organizational matters and related federal correspondence. Lesson #1 You never mess with another’s work. Especially one that ...