Using Charitable Lead and Charitable Remainder Trusts to Achieve Tax and Philanthropic Goals

In the world of high net worth charitable giving, private foundations are often the stars of the show. However, CLATs, CRUTs, and CRATs can offer clients increased flexibility and tax savings. This program, presented by Nikki Hasselbarth, will provide attorneys with a better understanding of how charitable lead trust and charitable remainder trusts can be used to achieve clients’ philanthropic and tax savings goals.

Learning Objectives:

1. Discuss the differences between CLATs, CRUTs, and CRATs
2. Identify scenarios where using a CRT or CLT would be most effective
3. Explore the technical requirements of drafting CRTs and CLTs
4. Consider your options when a CRT or CLT fails