Posts by category: Charitable Trust

Tax Benefits of Charitable Trusts: What's in it For You?

• Amara Winslow
• 15 Mar 2025

Setting up a charitable trust can offer significant tax advantages while supporting meaningful causes. This article explores how charitable trusts work, the tax benefits they provide, and includes practical tips for setting up a successful trust. By structuring your charitable giving through a trust, you can potentially reduce your taxable income while making a lasting impact. Learn why charitable trusts are a win-win for the donor and the charity.

Understanding the 5% Rule for Charitable Remainder Trusts

• Amara Winslow
• 7 Feb 2025

Charitable Remainder Trusts (CRTs) are financial tools designed to offer tax benefits while contributing to charity. A key concept in CRTs is the 5% rule, which ensures beneficiaries receive a minimum payout annually. Understanding this rule helps donors and beneficiaries maximize their trust agreement benefits. This article explores the 5% rule's intricacies, its impact on trust earnings, and tips for effective planning.