Charitable Remainder Trust (CRT) Questions: Q&A #2109

February 27, 2021

Charitable Remainder Trust (CRT) Questions: Q&A #2109

Jim, Chris, and Peter Scott pick up from EDU Show #2108 to continue the discussion and answer listeners questions relating to charitable remainder trusts (CRTs).

(4:00) A listener asks a question about when CRTs are appropriate and who they’re appropriate for.

(13:45) A couple with a disabled son looks for clarification on the details of how much CRTs can pay out to beneficiaries.

(28:00) A listener wonders whether the beneficial use of CRTs only applies to taxable retirement accounts or Roth retirement accounts as well.

(33:35) George describes a potential provision of CRTs and looks for clarification as to whether it can be useful to get higher distributions from the trust itself.

(41:00) A listener calculates the costs for administrative and tax filling fees of CRTs and asks if it’s a reasonable cost assumption or not.

Check out the background of firms and investment professionals on SEC’s Adviser Info Page.

Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

Ed Slott Advisor recognition requires an advisor to be well versed on the rules and regulations regarding IRAs. The advisor must attend two live training sessions and pass two written exams annually to remain in the program. Jim Saulnier & Associates, LLC (“RIA Firm”) is a registered investment adviser located in Fort Collins, CO. Jim Saulnier & Associates, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Current registered states: CA, CO, PA, TX, WA, IL Insurance products and services are offered and sold through James H. Saulnier, a Colorado licensed insurance producer, only in those states in which he is reciprocally licensed or qualifies for an exemption or exclusion from licensing requirements. Current reciprocal insurance licensing in these states: AZ, CA, CA, CN, FL, HI, IA, MA, MD, NY, PA, SC, TN, TX, VA, WA, WI, WY Click here for a more detailed disclosure.