How You Can Use Charitable Remainder Trusts to Be Generous and Save a Lot of Money in Retirement

Have you heard of Charitable Remainder Trusts? Probably not - this underrated strategy has been widely dismissed as a means to reduce tax liability and create an additional income stream in retirement. If you are passionate about giving, especially if you are a high-income earner, you won’t want to miss Troy Sharpe as he goes through the three main types of trusts, the benefits of each, and how to determine which might be a great fit for your portfolio.
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Disclaimer:
This video discusses fixed-income investing and utilizes the 10-year U.S. treasury as a general representative fixed-income investment. Conclusions reached, opinions stated, and downside risks and potential returns presented should not be construed as applying to other types of bonds or fixed-income assets. Other types of fixed-income products carry different levels of risk and return potential and should be evaluated as an element of a diversified portfolio with your specific risk tolerance, investment objectives, and timeline in mind. Nothing in this video is investment advice, an investment recommendation, or an offer to buy or sell any security. Investing involves risk.
#retirementplanning #retirementincomeplanning #charitableremaindertrust #retirementtaxplanning #trusts #retirement #investmentstrategies

[@MrMoDriven]

Great videos as always, but the special sound effect of the “swoosh” was very annoying.

[@OakHarvestFinancialGroup]

Thank you @MrMoDriven - We hear you and will keep that in mind for future videos. Glad you enjoyed the content anyways!

[@stockstudy8633]

Thanks for creating this great video! But long term capital gain is 20%, not 30%

[@collazo49]

Definately a different strategy. Can the original source of the income for the fund come from a tax exempt IRA or 401K? Or does it have to be money that has initially been taxed already (such as Investmetnt accounts and Roth IRA)?

[@ItsEverythingElse]

Good information but the sound effects are really distracting and completely unnecessary.

[@OakHarvestFinancialGroup]

Thanks for watching, and for your feedback! We'll keep that in mind for future videos.

[@timduffin5600]

Can an LLC be put into a trust just prior to selling it?

[@swright5690]

Mind blown.

[@OakHarvestFinancialGroup]

Glad you liked this one!

[@senlin5635]

Can you explain how the $172k tax benefit is calculated? Am I correct in understanding that the $172k tax benefit is gained when the CRAT is created?

[@Erginartesia]

Sooooo … is this primarily a way to avoid RMDs?