May 17, 2001

'Forbes': a Charity Pitch for Divorced Donors

A few charities have started to offer a new twist on charitable remainder trusts: They are suggesting to donors that the trusts can provide a way to obtain significant tax benefits, support good causes, and pay alimony at the same time, says Forbes magazine (April 30).

"Often a husband can't make his steep alimony payments from current income without compromising his lifestyle," the magazine notes. "So he has to sell some stock or other assets and gets hit with a capital-gains

Print Subscription

Digital Subscription

Already have an account? Log In Now.