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357: Should I have a Charitable Remainder Trust - CRT

Main Street Business

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Creating a C R T

You need to get the asset into the trustso you are going to contribute it. You're base almost like donating this kay, this charitable remainder trust has a charity at the end of the day that is going to get the balance of this asset after incomes paid out to you and all these other things we'll talk about. But there's a charitable component. So you're i'm sending in this charitable deduction or sor donation into this trust. I don't own it any more. The trust does the charitable remainder. Trust owns the asset.

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