Irrevocable Trust

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  • 1 Types
August 25, 2024 4 min read Definitions
Bypass Trust: Reducing Estate Taxes Through Trusts
Finance Estate Planning Trusts Estate Taxes Irrevocable Trust Exemptions Asset Management
A Bypass Trust enables parents to pass assets to their children, reducing estate taxes through an irrevocable trust arrangement.
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August 25, 2024 4 min read Definitions
Charitable Remainder Trust: Irrevocable Trust with Income Benefits to Individuals
Finance Investment Estate Planning Charitable Remainder Trust CRT Irrevocable Trust Tax Planning Estate Planning
A Charitable Remainder Trust (CRT) is an irrevocable trust providing income to individuals until the grantor's death, with the remainder passing to charity tax-free. This is a popular tax-saving alternative for wealthy individuals.
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