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Beware of Tax Schemes Involving CRATs

Christopher P. Woehrle describes how abusive charitable remainder annuity trusts continue to be sold.

As head of a prominent charity in your rural community, you receive an urgent text message from several of your most generous supporters. They ask: “Is this advertisement legitimate? If it is, I would like to give $1 million to your organization.” The ad reads:

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TAGS: Philanthropy
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