Las Vegas Charitable Remainder Trust Lawyers
Charitable Giving With Tax Benefits
A charitable remainder trust is an excellent way to leave money to a cause about which you care and also receive tax benefits. Money that is left to charity is not taxable. If you would like assistance in setting up a charitable remainder trust, contact the Clement Law Offices at 702-341-6997 for a free initial consultation. Credit cards are accepted.
Charitable Remainder Trusts are Versatile
There are several situations in which a charitable remainder trust can be helpful:
- You may want to donate funds to charity after your death and still have a source of income for the rest of your life.
- You might want to provide for one or two generations and donate any remaining assets to charity.
- Maybe you want to donate the money to charity after your death, and it does not matter to you whether you receive income from your money in the meantime.
When you set up a charitable remainder trust, the money you want donated to the charity is put in the trust. The charity acts as the trustee and will manage or invest the funds. You will receive part of the income the trust generates until your death or at the end of a set period of time. At this time, the money in the trust will go to the charity.
Benefits of Charitable Remainder Trusts:
In addition to offering your money to a cause in which you believe, there are many financial benefits to creating a charitable remainder trust:
- Increase the amount of money that will go to the charity after your death without paying capital gains tax
- Finance the trust with cash, securities or real estate
- Receive either a fixed or a variable income from the trust
- Provide for yourself and/or for beneficiaries
Contact an attorney from the Clement Law Offices to schedule a free initial consultation to discuss the creation of a charitable remainder trust. Our telephone number is 702-341-6997. If you are unable to travel to our office, we will arrange to meet with you in your home or facility. We accept major credit cards.
Clement Law Offices
9960 W. Cheyenne Avenue
Suite 190
Las Vegas, NV 89129
Phone: 702-341-6997
E-mail