My question involves estate planning in the state of: Arizona
We are considering creating a charitable lead trust to benefit a nonprofit. We hope to purchase an investment property and have the proceeds fund the trust. The properties we're looking at would require a mortgage. Can we place a mortgaged property into a charitable lead trust?
We are considering creating a charitable lead trust to benefit a nonprofit. We hope to purchase an investment property and have the proceeds fund the trust. The properties we're looking at would require a mortgage. Can we place a mortgaged property into a charitable lead trust?
Trusts: Using a Charitable Lead Trust for Mortgaged Property
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