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Beginner's Guide to the Crummey Trust for Education

By Ken Clark, About.com

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Investment Options and Tax Benefits for a Crummey Trust

Investment Options:

Virtually any type of investment can be owned in a Crummey Trust, including real estate and private business interests.

Tax Benefits:

The primary tax benefit associated with a Crummey Trust has to do with the estate taxes of the parent or person giving the money. In essence, a Crummey Trust can be used to lower the overall estate tax paid upon the death of a family with millions of dollars in net worth.

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