Question for the Money Doctors
Question submitted on Jan 14, 2012.
Questioncan 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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