How the rich have their cake and eat it too by using trusts to give to charity, collect cash, and save on taxes at the same time

"The tax-saving tactic is making a comeback after falling out of favor during years of low-interest rates. With interest rate hikes, the rate that the IRS uses to calculate remainder interest has also surged."

"It is a fit for folks who are looking to do some good, do some charitable planning, remove some assets from their taxable estate, but not have all of that benefit go to charity."

"Given the amount of administrative work, CRTs generally aren't worth your while without at least $1 million in assets...you can use a wide range of assets, from cash to closely held businesses."

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