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Passing the Torch, Not Just the Cash: Using a CLT for Family Wealth & Charitable Smarts
A charitable lead trust (CLT) can prove to be a guard against sudden wealth causing familial harm. It provides a tax-efficient tool with a built-in waiting period that manages the influx of wealth over time and allows the business owner and their family to engage in creating charitable impact that can bring generations together in doing good.
Laura Malone
6 days ago4 min read
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