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Charitable Trusts
A Charitable Trust can be a highly effective tool for individuals who want to reduce taxes and give to charity, while also meeting the financial needs of their family. Whether a trust provides your family with income now or later, Charitable Trusts are a resourceful stewardship strategy.
There are multiple designs for trusts that can meet specific needs, but two of the most common trusts to explore are:
- The Charitable Remainder Trust
- The Charitable Lead Trust
Focus on the Family’s Planned Giving team is here to help you learn more about this smart way give.