Casemaker Libra



Charitable Trusts

Publication Year: 2011   Publication Type: Book

Description:

It is critical to counsel clients on creative ways to include charitable giving in their estate plans during tough economic times. This publication on charitable trusts explains in clear language the benefits and considerations of charitable trusts for your clients. It offers extensive coverage of both charitable remainder trusts and charitable lead trusts and provides practical steps and examples on how to draft a charitable trust. Charitable Trusts also features useful practice pointers to answer common questions that arise in charitable planning. The extensive appendices include an array of helpful forms, sample trust documents, and other practical resources.

Authors:
L. William Schmidt, Jr., Margot Summers Edwards, Chelsea May, Anne Austin Zeckser

Table of Contents:

 Title
 Chapter 1 An Overview of Charitable Trusts
Chapter 2 A Typical Case For A Charitable Remainder Trust
Chapter 3 Types of Charitable Remainder Trusts
Chapter 4 Tax Aspects of Charitable Remainder Trusts
Chapter 5 Trustee of The Charitable Remainder Trust
Chapter 6 Drafting A Charitable Remainder Trust
Chapter 7 Traps For The Unwary- Charitable Remainder Trusts
Chapter 8 Suitable Assets For A Charitable Remainder Trust
Chapter 9 Early Termination of The Charitable Remainder Trust With Division of Assets To Donor and Charity
Chapter 10 Additional Options For Early Termination of The Charitable Remainder Trust
Chapter 11 A Typical Case For A Charitable Lead Trust
Chapter 12 Types of Charitable Lead Trusts
Chapter 13 Grantor Charitable Lead Trusts
Chapter 14 Tax Aspects of Charitable Lead Trusts
Chapter 15 Trustee of The Charitable Lead Trust
Chapter 16 Drafting A Charitable Lead Trust
Chapter 17 Traps For The Unwary- Charitable Lead Trusts
Chapter 18 Suitable Assets For A Charitable Lead Trust
Chapter 19 Creative Charitable Lead Trusts
 Appendix A - IRS Form 4720 - Return of Certain Excise Taxes
 Appendix B - IRS Form 5227 - Split-Interest Trust Information Return
 Appendix C - IRS Form 8283 - Noncash Charitable Contributions and IRS Form 8282 - Donee Information Return
 Appendix D - Receipt for Contribution to Charitable Trust
 Appendix E - Sample Charitable Remainder Unitrust
 Appendix F - Rev. Proc. 2005-52 - IRS Sample Inter Vivos CRUT (One Measuring Life)
 Appendix G - Rev. Proc. 2003-53 - IRS Sample Inter Vivos CRAT (One Measuring Life)
 Appendix H - Rev. Proc. 2003-54 - IRS Sample Inter Vivos CRAT (Term of Years)
 Appendix I - Rev. Proc. 2003-55 - IRS Sample Inter Vivos CRAT (Two Measuring Lives Paid Consecutively)
 Appendix J - Rev. Proc. 2003-56 - IRS Sample Inter Vivos CRAT (Two Measuring Lives Paid Concurrently and Consecutively)
 Appendix K - Rev. Proc. 2003-57 - IRS Sample Testamentary CRAT (One Measuring Life)
 Appendix L - Sample Non-Grantor Charitable Lead Annuity Trust
 Appendix M - Sample Grantor Charitable Lead Annuity Trust
 Appendix N - Rev. Proc. 2007-45 - IRS Sample Charitable Lead Grantor and Non-Grantor Annuity Trusts
 Appendix O - IRS Private Letter Ruling 200208039 - Early Termination of CRUT
 Appendix P - IRS Private Letter Ruling 200846037 - Early Termination of NIMCRUT
 Appendix Q - IRS Private Letter Ruling 200817039 - Early Termination of CRT
 Appendix R - Sample Private Agreement to Terminate CRT
 Appendix S - Sample Court Petition to Terminate CRT
 Appendix T - List of Rev. Procs. Containing IRS Sample Forms for Charitable Remainder Annuity Trusts
 Appendix U - List of Rev. Procs. Containing IRS Sample Forms for Charitable Remainder Unitrusts





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