Jason: A deeper look into CRUTs

Last column, I talked about how an investor can use a charitable remainder unitrust (CRUT) for preserving a large gain on a single stock while diversifying, creating income and leaving an inheritance to a favorite charity. CRUTs can be especially beneficial in today’s new, higher-tax environment, said Vic Xistris, a senior vice president and market trust director for U.S. Trust in Fairfield County, Conn. In my example from last week, Elaine, age 74, has a $2 million gain on a stock worth $2.5 m...

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