Latest Breaking News On - தொண்டு வழி நடத்து நம்பிக்கை - Page 1 : comparemela.com
Tax Planning For 2021 | McNees Wallace & Nurick LLC
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Planned Giving
wamc.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wamc.org Daily Mail and Mail on Sunday newspapers.
FBNQuest: Exploring Family Offices and Charitable Trusts - By: Temitayo Abiodun
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.
By Margaret Gibson, Katz Teller
A Charitable Lead Trust (CLT) is a valuable estate planning tool (under current law) for charitably inclined business owners who may also benefit from an income tax deduction to offset earnings from a sale of their business or from a successful year.
A CLT allows the grantor to make annual gifts to charity while effectively transferring wealth to heirs largely free of estate and gift taxation. This irrevocable trust is designed to distribute an annual income interest (the lead interest) to at least one qualified charity for a period measured by a fixed term of years or the lives of one or more individuals. At the end of the term, the balance of the trust assets (the remainder interest) is distributed to non-charitable beneficiaries, such as the family members of the grantor (or typically a trust for their benefit).