Securities offered through Registered Representatives of NFP Securities, Inc. (NFPSI), Member FINRA/SIPC. Investment Advisory Services offered through Investment Advisor Representatives of NFPSI. Investment Advisory Services offered through Investment Advisor Representatives of Asset Management Partners. Udell Associates and Asset Management Partners are affiliated with NFPSI.
    NFP Securities, Inc. does not provide tax or legal advice. Any decisions whether to implement these ideas should be made by the client in consultation with professional financial, tax, and legal counsel.
    This site is published for residents of the United States only. Registered Representatives and Investment Advisor Representatives of NFPSI may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all of the products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact the NFPSI Compliance Department at 512-697-6000.

charitable planning



One of the main reasons people give to charity is for water dropstheir ego or image—they want to be seen in the community as philanthropic. Another main reason some donate is for the tax breaks. Others give to charity for truly altruistic reasons. Yet others leave money to charity because they believe their heirs are sufficiently provided for. For whatever reason they donate, many people want to incorporate charitable giving into their estate plan. For them, a charitable trust may be a perfect fit, since it can be an effective way for clients to achieve one or all of these goals: give money to charity, provide a limited monetary benefit to themselves or their heirs, and receive potentially substantial savings in income, estate or gift taxes.
 
Your CPA adviser should be able to discuss not only which type of charitable trust is most suitable for you but also should know these trusts’ impact on income and transfer taxes (see chart below). Contact us for more information on charitable trusts and how we may help you decide what type of trust might be right for you.

CRT Charitable Remainder Trust Pays amounts to noncharitable beneficiaries and a remainder to charitable beneficiaries.
CRAT Charitable Remainder Annuity Trust A CRT that pays a fixed amount each year to noncharitable beneficiaries.
CRUT Charitable Remainder Unitrust A CRT that pays a fixed percentage of the FMV of the trust’s assets to noncharitable beneficiaries.
NIMCRUT Net Income with Makeup CRUT A CRUT whose payments to noncharitable beneficiaries can be made up in a future year if its income falls below its percentage payout in one year.
CLT Charitable Lead Trust Pays an annuity to charitable beneficiaries and the remainder to noncharitable beneficiaries.
CLAT Charitable Lead Annuity Trust A CLT that pays a fixed amount each year to charitable beneficiaries.
CLUT Charitable Lead Unitrust A CLT that pays a fixed percentage of the FMV of the trust’s assets to charitable beneficiaries.
IPCLAT Increasing Payment CLAT Provides an annuity (initially a fixed amount or percentage) that increases during the annuity period.


back to top  back to what we offer

We are a wealth management and estate planning firm specializing in estate
and trust planning, income tax planning, philanthropy and asset management.

acrobat
Charitable Trusts

brochures CLAT CRUT CLUT CRAT CRAT