Charitable Planning 

Many clients wish to leave part or sometimes all of their estates to a charity of their choice.
The tax rules governing tax distribution are complex. Different types of property donated to charity create different types of deductions.

A Charitable Remainder Trust allows a person to take an asset held for investment (stock, real estate, etc.), transfer it to the CRT tax-free, claim a charitable tax deduction, sell the asset with no capital gains tax, and then receive income over a 20 year or longer period. For many people, the CRT can be an excellent way to sell property with great tax benefits.

For clients whose primary goal is to benefit charitable causes, we can show how to multiply the amount of the gift and create a much larger benefit to the charity.

Charitable planning is very important. Learning how to do it better is very special.