Observer

Why Some Collectors Sell Their Artworks Through Trusts

A charitable remainder unitrust provides art collectors looking to sell with a stream of income and a smaller tax burden than ...
JD Supra

Creative Tax Planning With “Flip” Charitable Remainder Unitrusts

As predicted, the 2017 Tax Act appears to have impacted the state of charitable giving in the United States. The 2019 Giving USA report released June 18, 2019, indicated that giving by individuals ...
Forbes

Charitable Remainder Unitrust Planning Under Rising Interest Rates

The recent rising 7520/AFR interest rate impacts the present value of a fixed annuity, and what this has implied as yields on mid-term Treasuries rose rapidly in recent months for tax planning ...
Financial Planning

Can a charitable remainder uniTrust (CRUT) truly replace the benefits of the “stretch” IRA?

On December 20, 2019, the Setting Up Every Community Up for Retirement Enhancement (SECURE Act) was passed into law. While the law made a substantial number of revisions to the rules for retirement ...
JD Supra

Extension of CARES Act Incentives Relating to Charitable Giving: Planning with a Charitable Unitrust Remainder Trust (CRUT)

A CRUT pays a fixed percentage of at least 5% of the trust’s value to the income beneficiary, which is redetermined annually. That means that the payout from a CRUT is adjusted each year as the value ...
Law

Charitable Remainder Unitrusts Offer Potentially Valuable Income Tax Deferral Strategies for Some Designated Beneficiaries

For certain beneficiaries inheriting defined contribution plan benefits, including, but not limited to, 401(k), 403(b), and Individual Retirement Arrangement (IRA) accounts, the distribution rules ...
Southeast Missourian

Stanley - Charitable remainder unitrusts

'Tis more blessed to give than receive. Especially when charitable remainder unitrusts are involved. Properly set up and administered, a charitable unitrust makes benefactors the beneficiaries - of ...
The Chronicle of Philanthropy

IRS Releases Study on Charitable Trusts

The Internal Revenue Service says it received 99,869 informational tax returns in 1999 from charitable remainder trusts, a popular form of planned gift. That’s an increase of 14,809 over 1998, the ...
Bow Doin Polar Bears

Charitable Remainder Trusts

Charitable Remainder Trusts (CRTs) are irrevocable trusts with two separate interests: an income interest that provides the donor and/or one or more beneficiaries designated by the donor with fixed or ...
Law

Charitable Remainder Unitrusts Offer Potentially Valuable Income Tax Deferral Strategies for Some Designated Beneficiaries

Charitable Remainder Unitrusts Offer Potentially Valuable Income Tax Deferral Strategies for Some Designated Beneficiaries While CRTs might introduce complexity into the estate and tax planning, under ...
Bow Doin Polar Bears

Charitable Remainder Trusts

Charitable Remainder Trusts (CRTs) are irrevocable trusts with two separate interests: an income interest that provides the donor and/or one or more beneficiaries designated by the donor with fixed or ...