Faculty Publications

Document Type

Article

Publication Date

Spring 2012

Abstract

An often mentioned technique for making a philanthropic gift and preserving wealth for distribution is to utilize a charitable remainder unitrust (CRUT), coupled with an irrevocable life insurance trust (ILIT) funded with life insurance. This becomes a win-win situation whereby the donor accomplishes a charitable gift to his or her favorite charity through the remainder interest of the CRUT.

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