Divorce and CRTs: What are the tax effects?
Abstract: When marriages end and marital assets must be split, some assets are easier to split than others. For example, it may seem obvious to simply divide a charitable remainder trust (CRT) right down the middle into two new trusts — one for each spouse. But a 50/50 split isn’t as easy as it may seem. This article discusses IRS tax guidance regarding division of CRTs.