Charitable Remainder Trust Fundamentals

CD & Manual
  388736TMX $199.00 USD Add to Cart
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 89 Min. Audio MP3 - No shipping cost
   388736POD $199.00 USD Add to Cart
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What is a Podcast?

Benefits

Ninety percent of Americans give to charity regularly. If you don't discuss charitable planning with your clients, you are forfeiting potential business to your competitors. Charitable remainder trusts help your clients combine their estate, tax and financial planning with their charitable dreams.

This live audio conference will explain how you can implement charitable remainder trusts for your existing and future clients. We will focus on identifying client situations where a CRT meets your client's goals. We will classify the six CRT types to determine which one best fits your client. We will explore compliance issues including several common traps in managing a CRT along with a discussion of best practices to resolve issues before they arise.


Agenda

Introduction
  • Overview of Charitable Remainder Trusts (CRTs)
  • Six Types of CRTs
    • When to Use Each CRT Type
    • When Not to Use Each CRT Type
  • Aligning Client Goals With the Right CRT
Designing and Drafting the Charitable Remainder Trust
  • Determine Which CRT Type Fits Your Client
  • Drafting the CRT Document
    • 20 Reasons to Never Use the IRS Sample CRT Documents
    • Five Situations When You Should Use the IRS Sample CRT Documents
    • CRT Drafting Tips
  • Choosing the Right Trustee
Funding the Charitable Remainder Trust
  • Discussion of Assets Owned by Clients Including Mutual Funds, Publicly-Traded Securities, Real Estate, Business Entities, Retirement Plans, etc.
  • Picking the Right Asset to Transfer to the CRT
Compliance and the CRT
  • Basic CRT Care and Maintenance
  • Tax Compliance
  • Coordinating the CRT With Other Planning Tools
  • Investing the CRT's Assets
CRT Strategies Implemented by Your Clients
  • Increase Cash Flow
  • Reduce Cash Flow
  • Temporarily Increase or Reduce Cash Flow
  • Sell a Business
  • Transfer IRAs to Family Members
  • Divorce Planning
  • Selling Real Estate
  • Exercising Stock Options
  • §529 Planning
  • Special Needs Trust Planning

Faculty

Gregory W. Baker, J.D., ChFC®,CFP®, CAP, Renaissance Administration LLC


Gregory W. Baker, J.D., ChFC®, CFP®, CAP
  • Executive vice president of Renaissance Administration LLC
  • Consulted on more than 18,000 charitable remainder trust documents
  • Drafted over 4,000 charitable remainder trust documents
  • More than 20 years of full-time focus on charitable planning
  • Lectures nationally on CRT planning including seven times at the National Conference on Philanthropic Planning
  • President elect of Planned Giving Group of Indiana
  • Advisory board member and lecturer for the Chartered Advisor in Philanthropy designation for the American College
  • Former charitable fiduciary risk manager for Merrill Lynch Trust Company and the Merrill Lynch Center for Philanthropy and Nonprofit Management in Princeton, New Jersey
  • J.D. degree, Indiana University
  • Can be contacted at bakerg@reninc.com




These Materials are Designed For

This live audio conference is designed for attorneys, estate planners, accountants, presidents, vice presidents, CFOs, controllers, business owners and managers, tax managers, financial planners and enrolled agents.

CD & Manual - CD Set with bound 78 page manual
Podcast - 89 Minute MP3 with 78 page electronic manual - Immediate Access and No Shipping Cost