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Question for the Money Doctors

Question submitted on Jan 14, 2012.


can I make my grandchildern the charity in a charitable reamainder trust?


In a charitable remainder trust, the income earned on the trust assets is distributed to non-charitable beneficiaries for a set period of time.  Those beneficiaries could be your grandchildren. After the term of the trust expires, the remaining assets would be distributed to a charitable organization, which could not be your grandchildren.

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