She then would be able to receive income for life from the proceeds, and, by combining the CRT with a life insurance trust, still leave everything to her kids and grandkids tax-free. The best part is that she'd be making a substantial gift to the charity of her choice, which in turn would give her a healthy tax deduction for the charitable donation - which would help offset the income taxes she'd owe on the large income she'd be receiving. Rudy's eyes are wide open, but his mom is unmoved by this fancy advisor-talk. But I lose anyway. That's because I'm arguing facts, while she's arguing attitude.
Attitude always wins.
Two days later, she returns to her small apartment in Chicago, and with breakfast, she looks at the price of the stock in the newspaper. And that's too bad.