For a business owner looking to sell, the myriads of emotions and practical business needs that they face can be overwhelming. How do you ensure that you get the best price? What do you do next with your life post-sale? How do you lessen the tax impact that you will be faced with?This article will focus on some of the tax concerns that are faced during a business exit and how a tool like a charitable remainder trust can lessen the tax bite.

Thoughtful charitable giving and estate planning requires a decision on what type of legal structure to put in place to manage your giving in the present and on into the future. An irrevocable charitable trust may prove to be an ideal device. Understanding the benefits they offer and the differences between the two main types are an important part of the decision-making process. Which charitable trust is right for you? The Benefits of Charitable Trusts Charitable trusts provi