<== Site Review (2007-01-15) ==>
Premiere Administration from Orem offers services to help people establish charitable trusts. A charitable trust gives individuals greater control over the distribution of assets from capital gains from things such as the sale of a house or business. The Why a Trust? page explains the benefits of using a trust. Since it is highly likely that capital gains taxes will increase in the upcoming years, trust accounts will become even more tempting.
A charitable trust can help individuals donate to charitable causes while allowing the distribution of some assets to their heirs. The trust essentially allows you to divert the money that you would pay in capital gains tax into a charity of your choice. A charitable trust can also help families avoid being whammed with the alternative minimum tax during the year that they sell a capital asset.