Your Money, Your Wealth cover image

Does the 5 Year Rule Apply to Each Roth Conversion? - 357

Your Money, Your Wealth

00:00

The Pros and Cons of a Charit Restriction Trust

A charitable remainder trust is te tax exempt entity, and there's no tax due on the sale of the property. All that means is that the remainder balance of that trust will go to a qualifying charity at your passing. So you can utilize the trust as you're alive. You avoid the capital games. Tack on that asset, you get higher cash flolYour taking principle back that is going to be taxed, basically on how the investment is taxed. It could be ptal gains, could be ordinary income. And then you can diversify. You can buy cites, cash, mutual funds, e t f, individual stocks,. anything that you and you can have a globily divers

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app