What Is A Charitable Remainder Unitrust?

Video Transcription:

That was a technique. It can have income tax benefits, but oftentimes it’s used for estate tax benefits. It would be, as the name implies, charitable remainder. So, I’m gonna put money in a trust and either I’m gonna receive the income for life or maybe my children receive income for their lives, or maybe my wife receives income for her life or for a set number of years. But at the end of that period, the remainder is going to pass on to charity. Have more questions? Then contact us today to schedule a free consultation! Doane & Doane – Top rated Tax & Estate Planning Attorneys