Charitable Remainder Trusts Explained

This video explains the basic concepts behind Charitable Remainder Trusts or CRTs. Donors or grantors with charitable intentions use CRTs to support their favorite charities. At they same time, they gain immense income tax and capital gains tax advantages. Donors also exchange their gifts to the CRT for a stream of income that may last up to 20 years or for the lives of the noncharitable beneficiaries. Larger charities will establish and maintain donors Charitable Remainder Trusts for them. This video addresses what the donors exchange for that convenience.