A charitable remainder trust (CRT) receives appreciated concentrated stock, sells it tax-free inside the trust, and pays you or you and your spouse an income stream for life or a fixed term of up to 20 years. When the term ends, remaining assets pass to your chosen charity. Two main variants exist: a CRUT, which pays a percentage of trust value each year, and a CRAT, which pays a fixed dollar amount. A CRT can be a strong fit if you have income needs, a large appreciated position, and philanthropic goals. A wealth advisor can help you weigh the income, tax, and charitable benefits.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
