Renaissance

CRT can be a tax-efficient way to dispose of partnership interest while making a charitable gift.

A partnership contributes appreciated real estate to a 20-year CRT to defer taxation of the gain on the sale of the property, receiving current income tax deductions and a unitrust income interest for the CRT term, while removing assets from each partner's taxable estate.

Contributing stock to a CRT prior to a merger saves immediate capital gain taxes, and provides the donors with a vehicle for their philanthropy.

A Corporation may use a CRT to make a tax-efficient donation of real estate to charity.

Stock acquired through incentive stock options is contributed to a DAF, reducing capital gain taxes and fulfilling charitable intent.

Contributing appreciated stock to a CRAT defers capital gains taxes and provides a steady cash flow to the donor.

Donors use a charitable gift annuity ("CGA") to triple their retirement cash flow, receive a current income tax charitable deduction, spread out capital gain over several years, and make a gift to a college.

This article explores the use of a charitable remainder trust in conjunction with a special needs trust to provide for a client's long term care.