My Personal Experience With Charitable Remainder Unitrusts
I’ve been reading up on
Charitable Remainder Unitrusts and learned some surprising things. For example, you can use them to save on taxes before you pass away, while still drawing income from your gift.
I’ve spent a lot of time thinking about Deferred Charitable Annuity trusts in particular. Frankly, the more I can give to the humane society, and the less to the IRS, the better.
There are so many great causes in need of funds - it’s hard to decide which is most deserving. One thing is for sure, though - the IRS is not on the list.
I’m sure I’ll have more to say about this down the line.