Easy-to-read handbooks on charitable remainder trusts for the advisor or the fundraiser consisting of five individual e-books in a series.  Discover what you need to know to advise your client and set up the right trust for the client’s needs and individual situation. CRTs can offer substantial benefits if you know how to use them effectively.  Ramp up your expertise with these Step-by-Step Guides.

Book One: You, Your Client, the Trust

Master the different types of charitable remainder trusts and how the motivations of a client lead to the use of one type over another.

  • Develop your knowledge of the major client motivations and how they affect choice of trust
  • Understand the mechanics of the five types of trust
  • View the governing regulatory hierarchy and how to navigate it
  • Learn what features actually differentiate the trusts
  • Find the key to what features are common to all of them
  • Perfect your knowledge of permissible donors, trustees, beneficiaries and charities
  • Solve the “income” issue for distributions to recipients


Book Two: Designing Plans Using CRTs and Appropriate Assets

  • How to design the income interest
  • Learn what qualifies as the charitable remainder interest
  • Figuring the deduction or denial thereof
  • Discover the top ten assets to use with CRTs
  • Know exactly what to obtain as a “qualified appraisal”
  • Effectively use the three controlling tax benefits
  • Avoid the three death traps of pre-arranged sale, grantor trust and unrelated business income
  • Understand who can actually serve as trustee

Book Three: Drafting or Interpreting the CRT Governing Instrument

  • Why even non-drafting advisors must learn about the trust instrument
  • Drafting guidelines for attorneys
  • Interpretation of trusts previously drafted
  • The three elements of the trust draft that can customize any template form
  • Discover the answer as to whether you should rely on the IRS sample forms
  • Using a Questionnaire to guide the process for you and the client

Book Four: Administration, Operation and Investment of the CRT

  • How booking the asset correctly affects operation
  • Valuation of the trust assets versus donor’s appraisal value
  • Inner workings of trust accounting vs. the four-tier system for K-1 reporting
  • The Uniform Principal and Income Act and the NICRUT and NIMCRUT
  • How the sale of funding assets affects trust valuation and payouts
  • Review of the informational Form 5227
  • Investment strategy to meet what the donor expected

Book Five: Fixing Problems; Regular and Early Terminations of the CRT

  • Valuation issues and corrections
  • Self-Dealing by donor, trustee, beneficiary
  • Ten percent rule and why it is hard to explain to a client—but critical
  • Reformation and modification—when is it okay?
  • Valuation penalties
  • Regular termination and unrestricted versus restricted usage by charity
  • Early terminations explained and when that might be valuable to know

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