I'm trying to figure out if a CRT qualifies as a split interest trust. I've heard different opinions on this and would like to get a clear answer.
7 answers
isabella_oliver_musician
Thu Nov 07 2024
A charitable remainder trust serves as a unique form of donation.
Martina
Thu Nov 07 2024
It operates on the principle of "split interest," allowing for dual benefits.
Nicola
Thu Nov 07 2024
By contributing to this trust, individuals can enjoy certain tax advantages.
alexander_jackson_athlete
Thu Nov 07 2024
The tax deduction is partial and based on specific criteria.
HallyuHeroLegendaryStar
Wed Nov 06 2024
The criteria involve the assets of the CRT, which are crucial for eligibility.