Creative Planning with Charitable Remainder Trusts: You Will Flip When You See This

Lewis Rice Estate Planning & Probate Department Co-Chair Michael D. Mulligan co-authored with John G. Grzybek of Clarity Family Offices, LLC "Creative Planning with Charitable Remainder Trusts: You Will Flip When You See This" in advance of their presentation at the Notre Dame Tax and Estate Planning Institute in October 2020. This article summarizes the rules governing charitable remainder trusts and how the rewards for their use might be maximized.

To read the full article, click under "Resources" below.

John is Director of Family Wealth Strategy of Clarify Family Offices, LLC. John is responsible for the development of a highly sophisticated, bespoke multigenerational wealth advisory platform, which seeks to optimize family wealth governance. He has more than 18 years of experience working as both a senior relationship manager and senior wealth strategist for ultra-high net worth families, and has founded a national strategic wealth planning group and regional multifamily office. John has extensive expertise in:  strategic wealth transfer planning; sophisticated income tax planning, such as partnership income tax and state income tax elimination planning; hedging and derivative based planning; and single stock concentration planning (equity risk management planning). 

Mike is Co-Chair of the Estate Planning & Probate Department at the St. Louis, Missouri office of Lewis Rice LLC. He is an originator of the estate planning strategy of sale to a defective trust for an installment note, which is now used by estate planners nationally. Mike has been elected to the Estate Planning Hall of Fame® and has been awarded the Accredited Estate Planner® (Distinguished) designation by the National Association of Estate Planners & Councils. Prior to joining Lewis Rice, Mike served as a law clerk to the Hon. William H. Webster, then U.S. District Judge, Eastern District of Missouri, subsequently Director of the Federal Bureau of Investigation and later the Central Intelligence Agency.