So I’d like to save on taxes and benefit a good cause at the same time. It seems like Charitable Remainder Unitrusts is a good way to accomplish both goals. I’ve already provided well enough for my heirs.
The more I learn about Charitable Lead Trusts, the more interested I become in using charitable trusts as a way to save on taxes and support causes I believe in at the same time.
Of course the hardest part will be convincing my wife that this is the best choice. She’ll want to give it all to the kids, but frankly they’re going to get more than enough as it is.
I’ll be looking forward to your comments.