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Beneficiaries within a CRT include your income beneficiaries, usually you, your spouse or children, and the charity you select to receive the remainder of the funds. If you are interested in setting up a CRT for your estate, discuss your plan with our Springfield estate planning attorneys at Worsham Law Firm today. We can review your estate and your goals, and help you come up with a thorough charitable trust plan.
You are allowed to receive funds
from your charitable remainder
trust during your lifetime.
Income tax deduction as a result of your donations to charity.
The trust does not become a tax
liability for your successors in the
event of your death, since
it is not a part of your estate.