The May 2015 issue of Broker World featured Russell Towers’ article “Charitable Remainder Trusts and Wealth Restoration ILITS”. This article discusses the benefits of a charitable remainder trust (CRT) working with an irrevocable life insurance trust. It goes on to explain some of the tax benefits that accrue to the grantor of a CRT. The article also includes case studies of single life CRT and joint life CRT.
To read more about charitable remainder trusts download a PDF of the article or read it online.