CRT Background and Misconceptions You Should Know
November 1, 2024
This webinar provides an overview/review of using CRTs and identifies practical planning considerations and common misconceptions about CRTs. The different types of CRTs are reviewed: CRATs, CRUTs, Standard CRTs, NimCruts and Flip CRUTs. What are the uses/benefits of CRTs: Income tax deduction capital gains tax deferral, estate tax planning, and discounting. 5% Probability of Exhaustion Test. How payout rates vs. CRT returns impact performance. Which CRT techniques are suitable for different types of assets. The tradeoff between the charitable deduction and cash flow stream to the donor. Multi-generational CRTs. Drawbacks to CRT planning. CRT Exit strategies: Use of secondary market, termination Of the CRT, gift of interest, tax-free exchange. Recommended process to evaluate and administer CRTs. Speakers: Roger D. Silk, Sterling Foundation Management, LLC with Martin Shenkman, Esq. *This may constitute attorney advertising. * No CPE, CLE, etc. is offered but a certificate of attendance will be provided.