Charitable Remainder Trusts: A charitable remainder trust is usually a tax-exempt and irrevocable trust. They are really used to reduce the taxable income of your trustor. To set one particular up, the donor helps make a gift of property to the trust, giving a partial tax deduction. " That https://revocable-trust65220.boyblogguide.com/26293777/wills-vs-trust-fundamentals-explained