The Basics of Advanced Estate Planning: A Four-Part Series by David Stejkowski, The Stejkowski Law Firm: Part 2 – Charitable Remainder Trusts Turn a Low Basis Asset into Diversified Income. A simple guide to Charitable Remainder Trusts (CRTs)
Why a CRT Matters Picture a single asset that makes up most of your wealth: perhaps shares of a tech company you bought for pennies, a downtown rental building you have owned for decades, or a family farm that has dramatically increased in value. If you sell, the capital gains tax could eat up 20% […]