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Be it for tax savings purposes or purely philanthropic
compulsion, most people realize the value of giving to
charities. From an estate planning perspective, we find
that charitable giving can indeed prove to be one of the
most useful tools in our practice to help our clients
accomplish all of their goals.
Many
people do not realize how many options there are with
regards to fitting charitable giving into their specific
short and long-term goals. Two of the most effective
and often relied upon vehicles for accomplishing these
goals are the Charitable Remainder Trust and the Charitable
Lead Trust.
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