Please ensure Javascript is enabled for purposes of website accessibility
Home / Industry / Banking & Finance / CRUTs a useful option for some financial planning toolboxes (access required)

CRUTs a useful option for some financial planning toolboxes (access required)

With proposed federal tax changes on the horizon, some are turning to a financial planning tool that would not only lower one’s tax bill, but also assist a charity of one’s choice. Some in the financial planning arena are talking about charitable remainder unitrusts, also known as CRUTs. A CRUT is an estate planning tool that provides income to a named beneficiary during the grantor’s life ...
x

Check Also

group-of-black-millennials-at-office man woman

Urban League launches business development program for underserved (access required)

With proposed federal tax changes on the horizon, some are turning to a financial planning tool that would not only lower one’s tax ...