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SME REGISTRATION FORM Building Legacies

SME REGISTRATION FORM Building Legacies

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[Music] if you're in the process of estate planning you're likely pondering your legacy and what you want to leave behind if you're interested in making a philanthropic impact now and even after you pass away one option is a charitable remainder trust a charitable remainder trust means you place cash or appreciated assets in trust that eventually go to a charity of your choosing at your death or the death of your beneficiary until that time comes the trust pays you or your beneficiary income either a fixed amount or a fixed percentage depending on the type of trust a common way to help maximize the benefits of a charitable remainder trust is to change the assets placed in trust to investments with the potential to produce higher income you also avoid capital gains tax on the sale of the original assets in addition when the trust is funded you may qualify for a charitable income tax deduction before making the decision consult with a financial adviser there are m

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