Using charitable lead or remainder trusts for noncharitable purposes
Article Abstract:
Charitable lead or remainder trusts can be used in some situations to transfer assets to a noncharitable beneficiary at otherwise unavailable tax rates. Beyond the deductions allowed for contributions to such trusts and the reductions in the donating estate's assets and tax liabilities, planners should also consider the rate of return the charitable trust is likely to provide the beneficiaries. Various types of charitable trusts and the planning involved in using them for noncharitable purposes are described.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 1996
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Selected strategies for dealing with non-diversified wealth
Article Abstract:
The authors outline various tax strategies for individuals whose wealth is held primarily in concentrated asset positions. Topics include testamentary charitable lead trusts, income tax and liquidity, and techniques for marketable securities.
Publication Name: Estate Planning
Subject: Law
ISSN: 0094-1794
Year: 2000
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