Cash flow control – Design a CRT as a “spigot trust” to manage income stream
$225.00
Description
Abstract: A charitable remainder trust (CRT) is a flexible tool that can facilitate a variety of estate and financial planning strategies. If a person doesn’t need the income from a CRT right away, he or she can design it as a “spigot” trust, which allows the assets to grow tax-deferred until he or she is ready to turn on the income flow, such as at retirement. This article explains the ins and outs of spigot trusts.
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