Frequently Asked Questions

  1. What is a Charitable Remainder Unitrust?
  2. What Formats are available for Charitable Remainder Unitrusts?
  3. What are some possible, personal financial benefits for creating a Charitable Remainder Trust?

  4. Who are the Candidates for a Charitable Remainder Trust?

    The best candidates for a CRT are clients who want one or more of the following benefits:

    • Income Tax Charitable Deduction
    • No Immediate Capital Gain Tax
    • Tax-Deferred Diversification of a concentrated portfolio
    • Lifetime Cash Flow
    • Increased Cash Flow
    • Increased Charitable Gifts
    • Peace of Mind regarding their Estate Plan

  5. How is the income tax charitable deduction calculated for a gift to a Charitable Remainder Trust?
  6. What are the gift and estate tax consequences of retaining an income interest in a Charitable Remainder Trust?
  7. What tax and information returns are required after a Charitable Remainder Trust is created?
  8. What are the Annual Valuation Rules for Charitable Remainder Unitrusts? and Why are the Annual Valuation Rules Important?
  9. What is a Charitable Remainder Annuity Trust?
  10. What Factors Should I Consider When Choosing a Payout Format for my Charitable Remainder Trust?
  11. How do I select a measuring term for my Charitable Remainder Trust?
  12. What are some methods of income deferral within a Flip Charitable Remainder Unitrust (Flip-CRUT) or a Net Income with Makeup Charitable Remainder Unitrust (NIMCRUT)?
  13. What is a Flip Charitable Remainder Unitrust (Flip-CRUT)?
  14. What are the Typical Responsibilities of a Trustee of a Charitable Remainder Trust?
  15. What is an “Independent” Special Trustee (IST)? When is an IST used in Charitable Remainder Trust Planning?
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