Establishing a Charitable Trust for Philanthropic Goals

The Problem

A charitably included high-net-worth client wanted to establish a legacy of philanthropy while receiving tax benefits. The client also held marketable securities with a low-income tax basis that would result in a significant long-term capital gains tax if the securities were sold.

Our Solution

Our attorney designed a charitable remainder trust, allowing the client to support their favorite causes while smoothing out the capital gains tax over the client’s lifetime.

The client achieved their philanthropic goals, reduced their tax burden, and established a lasting legacy. Learn more about our Estate & Wealth Planning Services.