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A testamentary charitable lead trust (CLT) or charitable remainder trust (CRT) can be used to totally eliminate estate taxes if the trust is structured properly. By including a formula and specific wording, a testamentary trust can be structured so t… Read More

When people give scholarships through a charitable foundation or scholarship trust using funds from their own estate, it tells others that education is important to them. It leaves a legacy that inspires individuals to pursue education and facilitate… Read More

Conservation easements in Ohio are a way to preserve family land and reduce taxes by permanently restricting development and land use in cooperation with a government agency, Ohio land trust or nationally recognized land trust. The easement can be do… Read More

A bargain sale to charity is a way to make charitable contributions of property to charity while getting some of the property value back. The donor sells the property to the charity for a price below fair market value. The charity gets the benefit of… Read More

Life estates are a useful tool for making a substantial gift to charity by donating your home or farm without having to vacate the property or give up any benefits your currently enjoy from the property. You’ll receive a charitable tax deduction up… Read More

Tax-deductible donations to charitable organizations as part of a planned giving program are a great way to minimize taxes and control how your money is used. However, the organizations you donate to must be chosen carefully. Not every non-profit or… Read More

A donor advised fund or DAF is a charitable giving vehicle that provides an easy way for someone to donate assets to multiple charitable organizations in Ohio or other states without the hassle of paperwork for multiple donations. A DAF also provides… Read More

A charitable lead trust (CLT) is a form of trust that reduces a person’s estate tax by donating a portion of the estate to charity. A CLT can also provide an income tax deduction in some cases. Assets are placed in the trust and the trust makes pay… Read More