Currently viewing the tag: "tax deduction"

In Trusts We Trust: Day 13

December 2, 2011 by

Charitable Trusts, Day Eight: The NIMCRUT, Part Two In addressing Split-Interest Trusts we’ve seen that they are unique types of trusts that are established to benefit both charitable and non-charitable recipients.  These trusts are designed for those who have both philanthropic and family needs to attend to. The final type of Split-Interest Charitable Trust we’re […]

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In Trusts We Trust: Day 8

November 24, 2011 by

Charitable Trusts, Day Three Over the past two days, we’ve covered Charitable Trusts.  Again, a Charitable Trust is an irrevocable trust established for the benefit of a specific charity; it also can potentially give the trust grantor a tax deduction. If executed correctly with the help of a qualified attorney, a Charitable Trust entitles the […]

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