Charitable Trust

A Charitable Remainder Trust (CRT) is an irrevocable agreement that provides numerous advantages, especially when gifting appreciated assets. When a CRT is created, capital gains tax can be avoided and you can receive an income tax charitable deduction on a portion of the value of the gift. Since the gift is irrevocable, it is removed from your estate, thereby avoiding potential gift and estate taxes.

Need More Information? If you are still undecided and would like to know more, email Orlando Logelin or call Orlando at 651-797-7498.