Charitable Remainder Trusts Phoenix AZ

If you have a favorite qualified charity or nonprofit institution you'd like to benefit, such as a university, hospital, or church, an estate planning tool that might help you and the charity is the charitable remainder trust.

Local Companies

Valley of the Sun United Way
(602) 631-4806
PO Box 10748
Phoenix, AZ
Indian School Road Alliance
602-200-0707
1827 E Indian School Rd
Phoenix, AZ
Southwest Center for HIV/AIDS
(602) 307-5330
1144 E. McDowell Rd
Phoenix, AZ
YWCA of Maricopa County
(602) 258-0990
755 E. Willetta Street
Phoenix, AZ
Mosaic
(602) 864-6030
2226 W. Northern Ave
Phoenix, AZ
Make-A-Wish Foundation of Arizona
(800) 324-9474
711 E Northern
Phoenix, AZ
Life Relief Project Inc
602 323 4694
PO BOX 81215
Phoenix, AZ
McBiz: Maricopa County Business Enterprise Program
(602) 506-8707
320 W. Lincoln St
Phoenix, AZ
McBiz - Workforce Development Division
(602) 506-4201
234 N. Central Ave
Phoenix, AZ
Girl Scouts - Arizona Cactus-Pine
(602) 253-6359
119 East Coronado
Phoenix, AZ

(Denver) - Perhaps you have the following problem. You've accumulated considerable assets over a lifetime of working and investing. Now you face a potentially large estate tax bill if you keep those assets until death, or a large capital-gains tax if you sell them. At the same time, you may want a way to boost your retirement income.

One solution to this situation may be to give away those assets. That's right, give them away. If you have a favorite qualified charity or nonprofit institution you'd like to benefit, such as a university, hospital, or church, an estate planning tool that might help you and the charity is the charitable remainder trust.

"People think of the charitable remainder trust primarily as a tool for the charitably motivated, and obviously that motivation is critical," says Gregg Parish, JD, an academic associate at the College for Financial Planning®, a division of the National Endowment for Financial Education®. "What many people don't realize is the important financial benefits for the donor as well."

The charitable remainder trust (CRT) works as its name implies. You donate an asset such as stocks or real estate to a charitable trust. It sells the assets and reinvests the proceeds in income-producing assets. The donor receives income payments for a lifetime, or a predetermined time period, and at death or the end of the trust term, the remaining assets (remainder interest) pass on to the charity.

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Featured Local Company

Valley of the Sun United Way

6026314806
PO Box 10748
Phoenix, AZ

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