manaboutown |
03-01-2019 08:57 PM |
Has anybody set up a Charitable Remainder Trust?
I am considering setting one up, either a CRAT or a CRUT, not sure which yet. This is very much in a preliminary planning stage so I would appreciate input anyone with experience in such matters can provide.
A friend of mine set one up to be managed by a financial management company highly rated by Barrons but they are firing him, probably for it being such a hassle, even though he has a separate CRT administrator who knows the ropes and can assure compliance with all governmental requirements.
I would be grateful to hear whether or not a CRT is working out for anyone. Thank you in advance.
|