Charitable Remainder Trusts: Donating Real Estate to Your Church
How a charitable remainder trust turns a gift of church-bound real estate into current income and a tax deduction, and the mortgage, timing, and appraisal rules that can disqualify it.
Tag Archives: Estate Planning
Fund Your Trust, or It’s Just an Empty Basket
A trust is like a basket woven for the people left behind. But a gorgeous, empty basket protects no one. Here’s why so many well-meaning church members have a trust that isn’t actually funded, and what to do about it.
Banking Beneficiaries: Who Gets Your Money When You Die
Who inherits your bank account has almost nothing to do with your will. Banking beneficiaries, set through POD, Totten trust, joint, or trust accounts, pass outside probate, and in California a designation can beat your will entirely. Here’s how each works.