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What are the different kinds of charitable trusts? | Charitable Lead Trusts vs Charitable Remainder Trusts

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Charitable Trusts Explained

According to the Internal Revenue Service, a charitable trust is an irrevocable trust that is established for charitable purposes by an individual who contributes assets or property to one or more non-charitable beneficiaries for life or a predetermined number of years. A charitable trust allows you to leave some or all of your estate to a 501(c)(3) organization of your choice.

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Should I have Trust Instead of a Will?

In this article we talk about wills and trusts and what benefits they bring to an estate plan.

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