Charitable Remainder Trusts: A charitable remainder trust is actually a tax-exempt and irrevocable trust. They may be used to decrease the taxable cash flow of the trustor. To set 1 up, the donor will make a gift of assets on the trust, providing a partial tax deduction. A trust https://wills-vs-trust10988.blogdosaga.com/26613937/last-will-and-testament-for-dummies