You are here: Home FAQ FAQ Understanding Charitable Remainder Trusts 17. Benefits of a Charitable Remainder Trust

17. Benefits of a Charitable Remainder Trust

  • Convert an appreciated asset into lifetime income.
  • Reduce your current income taxes with charitable income tax deduction.
  • Pay no capital gains tax when the asset is sold.
  • Reduce or eliminate your estate taxes.
  • Gain protection from creditors for gifted asset.
  • Benefit one or more charities.
  • Receive more income over your lifetime than if you had sold the asset yourself.
  • Leave more to your children or others by using life insurance trust to replace gifted asset.
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