Bar Harbor Trust Services
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Charitable Remainder Trusts

A charitable remainder trust can benefit you and the charity of your choice. You choose an income amount, the individuals to receive income from the trust (typically you and/or your spouse), and the charity to receive the remaining assets. Income from the trust is paid to you. After all income payments are complete, the remaining assets are distributed to charity. The benefits of establishing a charitable remainder trust may include capital gains tax savings, increased income, income tax savings, or estate tax savings. Call us today for a personal consultation.
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