There are 4 unique reasons Charitable Remainder Trusts are good options for your Estate Plan. In this video, Peter Richon with Richon Planning and Erin Kennedy explain how a #crt works: it is an irrevocable trust that allows you—or a designated beneficiary—to receive an income stream for life. After you die, the remainder of the assets in the trust are donated to your charity (or charities) of choice. Peter also walks through those 4 benefits, including:

1. You Can Save on Taxes
2. 2. You Can Increase Your Income
3. 3. You Can Support Worthy Causes
4. 4. You Can Protect Your Money from Creditors 

Naming the trustee should be a thoughtful decision since a CRT is an irrevocable trust. If you'd like to learn whether a CRT makes sense for you or your family, please feel free to reach out to Peter by calling (919) 800-5886 or by making an appointment at www.RichonPlanning.com