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CRUTS are Charitable Remainder Trusts.
Any time you are dealing with charitable planning, you must first have the charitable intent.
You can find some tax benefits that go along with that charitable intent, but you have to start with the charitable intention.
Ultimately, the charity is almost always going to benefit more than the donor.
For more information, visit the show notes at http://www.bigpictureretirement.net/099
By Devin Carroll, CFP® & John Ross, JD4.7
523523 ratings
CRUTS are Charitable Remainder Trusts.
Any time you are dealing with charitable planning, you must first have the charitable intent.
You can find some tax benefits that go along with that charitable intent, but you have to start with the charitable intention.
Ultimately, the charity is almost always going to benefit more than the donor.
For more information, visit the show notes at http://www.bigpictureretirement.net/099

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