How a Charitable Remainder Trust Avoids Capital Gains
Tuesday, February 24th, 2009Robert D. Cavanaugh, CLU asked: Charitable remainder trusts can increase your income, avoid capital gains taxes, lower or eliminate estate taxes, serve as another type of retirement plan, serve humanity and put a warm feeling in your heart. Here is an example that applies to anyone contemplating selling a highly appreciated asset.In the Path of [...]
3 Reasons Why You Want Should not Have Your Trust as Beneficiary of Your Ira?
Wednesday, January 28th, 2009Joseph J. Dadich, CPA, Esq., LLM asked: In the complex world of taxes, you have a number of choices when it comes to selecting a beneficiary (or beneficiaries) for your IRA. Some are appropriate. Unfortunately, some are major mistakes and can lead to delays and expenses in getting the funds to your desired recipients. Some may [...]