Tag: charitable trust

A charitable trust is a legal arrangement in which assets are transferred to the control of a trustee, and the income generated from those assets is then distributed to one or more charitable organizations. Charitable trusts offer several tax benefits for people and families who wish to support their favorite charitable causes, and they can also provide other financial advantages. An attorney who provides estate planning services for high-net-worth families can help determine the best charitable giving strategies while addressing other related legal and financial issues. Some benefits that charitable […]