Charitable Remainder Trusts (CRTs): The Basics and Beyond

July 29, 2020

Course Description: Charitable Remainder Trusts (“CRTs”) have become a common planning discussion topic lately, perhaps in large part to the consideration of using CRTs as beneficiaries of IRAs now that the Secure Act has eliminated the stretch IRA for most beneficiaries. But planners need to understand how CRTs work, the many variations of CRTs (CRATs, CRUTs, NI-CRUTs, NIM-CRUTs, Flip-NIMCRUTs), how to plan and administer CRTs. CRTs can be a powerful tool for retirement plan assets, but for many other planning techniques as well. For example, the use of a CRT in planning the sale of a closely held business (charitable bail out), the use of life insurance to replace the wealth a charity will receive on the backend of a CRT (wealth replacement trust) and other techniques, should be part of the practitioners planning tool-kit. If the election results in a change in Washington and higher income tax and capital gains rates, the use of CRTs will grow. This webinar will provide an overview of CRT planning, including CRT basics, and a discussion of advanced application of CRT techniques.

Speakers: Evan Unzelman and Martin Shenkman, Esq.

Sponsor: Sterling Foundation Management

Featured Charity: American Cancer Society

Sterling contacts: Rebecca Mallett Custodio Dave Murray Evan Unzelman;;

American Cancer Society contact/speaker is Jennifer Cayetano

* There are no professional advancement credits (CPE, CLE, etc.) offered for viewing this webinar but a certificate of attendance will be provided.

*This may constitute attorney advertising.