One example, a Charitable Remainder Trust (CRT), when combined with a Special Needs Trust (SNT), creates a powerful combination that can result in a win-win-win situation for the child with special needs, the parent or other trust settlor, and the charity.
What does CRT stand for?
CRT stands for Charitable Remainder Trust
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of CRT
We have 326 other meanings of CRT in our Acronym Attic
- Centre de Recherche Sur Les Transports (University of Montreal, Quebec, Canada)
- Centre de Resource Technologique
- Centre de Ressources Technologiques
- Centro Retail Trust (Australian Property Fund)
- Certified in the Reid Technique (John E. Reid investigations)
- Certified Radiologic Technologist
- Certified Respiratory Therapist
- Change Release Time
- Change Request Transmittal (Defense Civilian Personnel Data System; US DoD)
- Channel Reference Tone
- Chemical Response Team (emergency preparedness)
- Chemo Radio-Therapy
- Chief Radio Technician (US Navy)
- Chihuahua Rescue and Transport
- Chinese Remainder Theorem (information theory)
- Choice Relation Table
- Cinderella's Royal Table (Disney World restaurant)
- Circuit Requirement Table
- Civil Rights (Division, US Department of Health & Human Services)
- Civilian Response Team
Samples in periodicals archive:
Another great way to benefit a charity and help ensure your own financial future is to fund a charitable remainder trust (CRT) that will, for a given term, pay income to you.
For this reason the NIMCRUT is perhaps the most popular type of charitable remainder trust, since it allows for the deferral of income to later years, much like a deferred-income retirement plan, and still allows the trustee to maximize the payout amount.
Done right, a charitable remainder trust can also help preserve the value of your estate for the benefit of your heirs.
Phoenix and its advisers suggest charitable lead trusts, charitable remainder trusts or life insurance.
A charitable remainder trust is designed to pay annual income to the donor.
A charitable remainder trust irrevocably transfers property (cash, real estate or securities) to a church trustee.