What are the benefits of a Charitable Remainder Trust?
Charitable Remainder Trust (”CRT”) has the following general benefits:
- Your appreciated asset can be sold, and you pay no income tax on the capital gain. You, therefore, have the whole amount working for you the rest of your life without income taxes having been taken out of the principal in the first place. In particular, you can rid yourself of a burdensome asset, such as an apartment building, without being taxed on capital gain.
- Often the cash flow is higher from the investments in the CRT than you were receiving before the transfer to and sale by the CRT.
- You receive an income tax deduction, which reduces your income taxes.
- The CRT generally effectively escapes estate tax after you are gone.
- You select the trustee of the CRT. With careful planning, you may even name yourself as the trustee of the CRT. Between your having a good CPA and a good financial planner, you then should have no trouble in administering the CRT.
- You have the satisfaction of benefiting a needy cause. Also, if you wish to disclose your creation of the CRT, the charity would surely publicize your generosity.
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Valued Client Reviews
Lisa Vertz March 14, 2022. I worked with Brandon Johnson and he was very thorough and excellent to work with on a living trust and will. 
Roman Kisz December 21, 2021. Antonio is great. I work in a related industry, but my wife does not. He sat down with us and helped to get our estate in order by walking us through the trust process. My wife was very happy we took the time to protect our family and to get this crucial step in life accomplished. Thanks again! 
Don Houle August 13, 2021. A great place to place your trust for a trust 
Mike Ricci December 5, 2020. 
Kathy Locklear October 3, 2020. 
Kyle T September 22, 2020. Kevin is very knowledgeable, professional, and easy to work with. Highly recommend for Tax and Estate planning. 
Joan Riley January 16, 2018. I have just completed my trust work with Mr. Staker and I could not. be happier. I was referred to him by a prominent San Fernando Vally commercial realtor so I had high hopes when I met with him and I was not disappointed. Now I am insisting that my children go to him to make certain that their trusts are in order. Joan Riley 
Bryan Freeberg May 2, 2017.
Lisa Vertz
March 14, 2022.
I worked with Brandon Johnson and he was very thorough and excellent to work with on a living trust and will.
Roman Kisz
December 21, 2021.
Antonio is great. I work in a related industry, but my wife does not. He sat down with us and helped to get our estate in order by walking us through the trust process. My wife was very happy we took the time to protect our family and to get this crucial step in life accomplished. Thanks again!
Don Houle
August 13, 2021.
A great place to place your trust for a trust
Mike Ricci
December 5, 2020.
Kathy Locklear
October 3, 2020.
Kyle T
September 22, 2020.
Kevin is very knowledgeable, professional, and easy to work with. Highly recommend for Tax and Estate planning.
Joan Riley
January 16, 2018.
I have just completed my trust work with Mr. Staker and I could not. be happier. I was referred to him by a prominent San Fernando Vally commercial realtor so I had high hopes when I met with him and I was not disappointed. Now I am insisting that my children go to him to make certain that their trusts are in order. Joan Riley
Bryan Freeberg
May 2, 2017.
