Charitable Remainder Trusts Our Virtual Planned Giving Specialist, Carla, will walk you through how to discover a Charitable Remainder Trust and all of the benefits they can provide to the donor and the organization simultaneously.
Tag Archives: CRT
Capitalize on the SECURE Act 2.0
A Reminder to Promote CGAs and CRTs to Your Donors As you are likely aware, the SECURE Act 2.0, signed into law by President Biden in December 2022, has opened up new avenues for charitable giving, particularly for your donors ages 70½ and above. While the Act is now over 6 months old, the awarenessContinue reading “Capitalize on the SECURE Act 2.0”
Maximizing Charitable Impact with CRTs – Part 2
Mastering CRTs With 90% of high-net-worth wealth held in assets other than cash, Charitable Remainder Trusts (CRTs) can unlock generous gifts. Today, we continue our CRT series with strategies to enhance your marketing and technical mastery of CRTs. To that end, we’ve prepared a detailed guide, “Mastering CRTs: Marketing and Technical Expertise,” available for freeContinue reading “Maximizing Charitable Impact with CRTs – Part 2”
Unlocking the Potential of Charitable Remainder Trusts (CRTs) – Part 1
Including a Tip Sheet As many of you approach the next fiscal year, we are writing to encourage Gift Planners to focus your efforts on a crucial and often underutilized gift planning tool: the Charitable Remainder Trust (CRT). Many of your donors regularly sell assets, offering an ideal chance to fund CRTs. Yet, the incidenceContinue reading “Unlocking the Potential of Charitable Remainder Trusts (CRTs) – Part 1”
Overview of the Taxation of Life Income Vehicles: Charitable Remainder Trusts vs. Charitable Gift Annuities
Specific charitable giving techniques provide a unique opportunity for donors to simultaneously support meaningful causes and benefit from income from the gift. Two significant vehicles of charitable giving – Charitable Remainder Trusts (CRTs) and Charitable Gift Annuities (CGAs) – offer donors tax benefits, income streams, and the satisfaction of contributing to their chosen charities. ToContinue reading “Overview of the Taxation of Life Income Vehicles: Charitable Remainder Trusts vs. Charitable Gift Annuities”
SECURE Act 2.0 Q&A
Revised for Inflation Adjustments for 2024 Q. Scenario 2: charity’s minimum to create a CRT is $105k. Two IRA owners (either related or not), both at least 70 1/2 years old, each distribute $53k from their respective IRA accounts to create one CRT. They want only one of them to receive the income payments. IsContinue reading “SECURE Act 2.0 Q&A”
Proposed §7520 Mortality Tables: Charitable Planning Implications of New Mortality Assumptions and Effective Date.
In Conrad Tietell’s recent newsletter, he has a compelling interview with well-known tax attorney Larry Katzenstein regarding the proposed regs regarding 7520 mortality assumptions. Below is a summary of Mr. Tietel’s recent article on the matter. The remainder value of any life or lives split-interest charitable gift is now lower under the new tables, soContinue reading “Proposed §7520 Mortality Tables: Charitable Planning Implications of New Mortality Assumptions and Effective Date.”
Real Estate Scenarios with Bryan Clontz
Bryan K. Clontz, PhD, CFP®, CLU®, ChFC®, CAP®, AEP®, RICP®, CBP, ChSNC® Bryan Clontz is the founder and president of Charitable Solutions, LLC, specializing in non-cash asset receipt and liquidation, gift annuity reinsurance brokerage, actuarial gift annuity risk management consulting, emergency assistance funds, as well as virtual currency and life insurance appraisals/audits. He also servesContinue reading “Real Estate Scenarios with Bryan Clontz”
The Demise of the “Stretch” IRA: How Does the SECURE Act Affect Trust Planning for Retirement Benefits? A Step-by-Step Approach to Offer Your Clients a TaxWise Solution
The Demise of the “Stretch” IRA The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted on January 1, 2020. This is the most significant retirement plan legislation since the Pension Protection Act of 2006. As a result, we wanted to share with you what has changed and options available for advisors toContinue reading “The Demise of the “Stretch” IRA: How Does the SECURE Act Affect Trust Planning for Retirement Benefits? A Step-by-Step Approach to Offer Your Clients a TaxWise Solution”
The “Charitable Now” CRT
Much has written about the resurgence of the CRT since early 2013 following the American Taxpayer Relief Act of 2012 (ATRA). Experts such as Robert Sharpe Jr. and David Wheeler Newman have written several pieces explaining why donors, advisors, and nonprofits should once again turn their focus to CRTs as a charitable solution. In fiveContinue reading “The “Charitable Now” CRT”