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What are the best kinds of property to give to a Charitable Remainder Trust?

Generally, the best candidates are highly appreciated assets that are producing little if any income. Property that has gone down in value should be sold outside of a charitable trust so that the loss can be used to offset other personable capital gains.


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Related Questions & Answers

- Are there disadvantages to a NIMCRUT?

- Can I name a "community foundation" as a charitable beneficiary?

- Can I use a Charitable Remainder Trust to remove retained earnings from my corporation without adverse tax consequences?

- Can S corporation stock be given to a Charitable Remainder Trust?

- Can a Charitable Remainder Trust have more than one trust maker?

- Can the trust maker retain the lifetime right to name different charities as principal beneficiaries?

- Can you explain the basic differences between a Charitable Remainder Unitrust and a Charitable Remainder Annuity Trust?

- How are income payments from a Charitable Remainder Trust structured and taxed to the income beneficiary?

- How can a Charitable Remainder Trust be established for different kinds of income beneficiaries?

- How do I decide which type of trust to use?

- How do I determine what kind of assets should not be given to my trust?

- How many income beneficiaries can a Charitable Remainder Trust have?

- I don't have any strong ties to any particular charitable organizations. How do I decide on a charitable beneficiary?

- If I have appreciated property such as real estate or stock, is there any way I can destroy the tax benefits due to me and my trust when my charitable remainder trustee sells the property?

- If I sell my business in which I have a very low tax basis, can I avoid the capital gain tax?

- It has been suggested that I should establish a "Charitable Remainder Trust" for the benefit of my favorite charities. Can you help me understand this process?

- Realistically, who is a candidate for a Charitable Remainder Trust?

- The Charitable Remainder Trust sounds good, but do I have to irrevocably give up my principal?

- What are the advantages of being my own trustee? Why shouldn't I let a bank take care of my trust during my lifetime?

- What are the advantages or disadvantages of my using a Charitable Remainder Trust versus giving the property outright to charity?

- What are the best kinds of property to give to a Charitable Remainder Trust

- What assets are most suitable?

- What happens if I die leaving income that was due to me in my charitable trust?

- What if there is a contract for sale on the property before it is given to the Charitable Remainder Trust?

- What is so special about a NIMCRUT?

- What types of investments are best purchased by my trustee inside of my Charitable Remainder Trust?

- Why do people create Charitable Remainder Trusts?

- Why is a term of years, rather than the lives of the income beneficiaries, used in a Charitable Remainder Trust?

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