One charitable remainder annuity trust pitch promises the gain is never taxed, and the IRS treats it as an abusive tax shelter.
The pitch: put appreciated property in a CRAT, have the trust buy an annuity with the sale proceeds, and call the payments a tax-free return of the annuity's cost. The IRS put it on its Dirty Dozen list and now treats it as a listed transaction. A properly drafted charitable remainder trust is settled law. That annuity version is not.
From The Tax Strategy Playbook.
Full episode: https://taxstrategyplaybook.com
No-cost analysis through CSSI: https://calendly.com/david-wiener/cs or 770-224-8504 x2
David's website: https://davidhwiener.com
This is educational content, not tax advice for your situation. Talk to your tax professional.