Financial methods using a charitably integrated business...

Details Financial methods using a charitably integrated business... Financial methods using a charitably integrated business...

G - Physics

06

Q

G06Q 40/00 (2012.01) G06Q 10/04 (2012.01)

Patent

CA 2564925

Supporting chantable giving in furtherance of a business objective of the business comprises proceeding with the business objective in response to a decision by a decision maker by performing several steps. A trust is established to achieve at least a part of the business objective, the trust having a term, the trust being either a charitable remainder trust or a charitable lead trust. One or more assets of the business are transferred to the trust. At least one asset within the trust is disposed of in furtherance of the business objective. Benefits resulting from the disposition of the at least one asset are passed from the trust while shielding the business from a tax liability due to the disposing step, if the tax liability is owing.

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