Charitable trust

Charitable Remainder Trusts: How it pays to give it away

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• published: 30 Nov 2010
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For more information, please visit us at: www.ValleyElderLaw.LA. This educational video about Charitable Remainder Trusts was produced by California estate planning & elder law attorney Randall F. Kaiden. Charitable Remainder Trusts are a type of irrevocable trust that enables donors to accomplish their philanthropic goals, while gaining substantial tax and investment benefits for themselves. Donors make this happen by giving away assets to their favorite qualifying charities in an irrevocable trust, and that trust in turn, pays them an interest every year for the rest of their life or for a set term of years. This video begins to explore these CRT concepts in more detail. Randall F. Kaiden, founding attorney at Valley Elder Law (and The Trust Store-our online portal), was born and raised in Los Angeles. In 1998, he began working in tax, estate planning and probate law. Soon thereafter, he added Medi-Cal & Veterans Planning to his practice. Since that time, he has been VA Accredited to represent claimants before the Department of Veteran's Affairs. He is a member of Elder Counsel, Wealth Counsel and the National Academy of Elder Law Attorneys. His practice is elder-centered, helping people respond to the challenges associated with chronic illness or disability as well as focusing on asset preservation, probate avoidance, tax reduction, trusts and estates. Attorney: Randall Kaiden, Esq. Contact: http://www.valleyelderlaw.la These online videos and reading materials were prepared by Randall F. Kaiden, Esq. and for informational purposes only. They therefore DO NOT CONSTITUTE LEGAL ADVICE OR SERVICES. Watching and reading the information contained here is not intended to create an attorney-client relationship. Do not rely upon any information you receive here for any purpose without seeking independent legal advice from a licensed attorney in your State. The information provided here is very general and may or may not reflect the most current law. Thus, the information contained here is not promised or guaranteed to be correct or complete. Nothing contained on this website or retransmitted on any other is intended to be used or relied on, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code of 1986, as amended. TAXPAYERS MUST SEEK INDEPENDENT TAX LEGAL ADVISE FOR THEIR OWN PARTICULAR CIRCUMSTANCES, WITH RESPECT TO ANY TRANSACTION OR MATTER CONTAINED HEREIN. Randall F. Kaiden expressly disclaims all liability in respect to actions taken or not taken based on any and all of the information (in any format) provided here.