Charitable Remainder Annuity Trust (CRAT)

[Kathleen Reynolds]

#4567

A Charitable Remainder Annuity Trust provides fixed periodic distributions to one or more beneficiaries with an irrevocable remainder interest going to charity. Most gifts made as a charitable remainder annuity trust qualify for income and gift tax charitable deductions (or in some cases, as an estate tax charitable deduction). A charitable deduction is permitted for the remainder interest gift only if the trust meets certain criteria.

This calculation also provides an Optimize button that calculates the best scenario.  The Optimize button calculates the highest payout rate that will still pass all the tests (such as the 10% test, and the exhaustion test). It also yields a non-zero deduction.

• Charitable Remainder Annuity Trust Qualifications
• Types of Calculations
• Data Input Fields
• Summary Report
• Economic Schedule
• §7520 Report
• Rev. Rul. 77-374 Report
• Income Tax Report
• Tax Savings Report
• Graphs
• Notes
• View Sample Report

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