By contributing a partial interest in appreciated rental real estate to a charitable remainder trust and then selling the balance of the property outside of the CRT, the donors increase their income stream for retirement and generate an income tax deduction to offset capital gains taxes on the sale portion. When doing charitable tax planning, remember that it is not an "all or nothing" choice!

How can fundraisers and advisors help their donors and clients first to understand and then consider charitable gift options? To be open to exploring giving plans that can work for them in their unique life stage and circumstances? This article helps gift planners and advisors broaden how they present giving options in terms of both charitable and tax planning benefits. It describes various constituencies and an understandable, usable approach to gift planning education that can help us move the donor/client learning curve along.

In PLR 202618006 (PLR), IRS concluded that an estate (Estate) was entitled to a charitable income tax deduction under applicable state law, despite the governing instrument (Will) not explicitly addressing the treatment of estate income.

By contributing appreciated real estate to a Charitable Remainder Unitrust, a Donor can reduce her capital gain tax liability, avoid estate taxes, receive an income tax deduction, obtain a lifetime cash flow, and create a lasting legacy for a charity in her hometown.