Trusts are very flexible planning tools that can be used to accomplish a wide range of goals. Some people rely on them to reduce property management chores. Others use trusts to delay distribution of property to heirs on account of their age or other reasons. Trusts also allow a person to arrange for their property to first be put to one use, then to another.
For more information or to set up a Charitable Remainder Trust, contact the Catholic Foundation at (915) 872-8412.
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