by FamilyTrust | Apr 3, 2014 | Taxes, Trust & Estate Blog
One of the main principles of modern currency is that it must be “fungible” to be considered as money, which means that one unit, say a $100 bill, is able to replace or be replaced by any other $100 bill; that the two are, in essence, identical and...
by FamilyTrust | Sep 8, 2013 | Charitable Trust, Definitions
Several types of charitable or charity trusts exist, including: Charitable Remainder Trust With a charitable remainder trust, one puts assets, ofttimes appreciated assets, into a Charitable Remainder Trust and takes back a 5 – 10% (of asset value) stream of income for...