Heard on the Web: Three Donors Tell Why They Set Up CRUTs

Heard on the Web: Three Donors Tell Why They Set Up CRUTs

News story posted in Charitable Remainder Trust on 15 August 2013| comments
audience: National Publication | last updated: 15 August 2013
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Summary

We love donor stories because they bring what can otherwise be the sometimes pretty dry technical aspects of planned vehicles to life. Writing for Forbes, Ashlea Ebeling shares the stories of three donors who decided a charitable remainder unitrust was the vehicle for them.

Thinking about setting up a charitable remainder unitrust–or CRUT? You put cash or better yet appreciated assets into a trust, and the trust pays you a fixed percentage of the principal as revalued each year – typically for your life – and then what’s left in the trust (the remainder) goes to charity.... 

Link to Full Article: Three Donors Tell Why They Set Up CRUTs

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