← All workflows

Charitable Remainder Trust

Draft IRC 664 Charitable Remainder Trusts in Minutes

14 minutes with CaseMark

Run this workflow

Run it in CaseMark

Upload your documents and get a finished work product in minutes. New accounts get $5 free to run their first skill.

14 minutes with CaseMark

What you'll need

  • Trust Parameters Document
  • Funding Asset Schedule

SOC 2 Type II · HIPAA compliant · $5 free credit

Workflow

Overview

CaseMark's Charitable Remainder Trust skill drafts complete, IRC 664-compliant CRT agreements supporting both CRAT and CRUT structures, including NICRUT and NIMCRUT variants. The AI generates execution-ready documents covering payout calculations, trustee powers, charitable beneficiary designations, and all required tax compliance provisions. What traditionally takes hours of specialized drafting is completed in minutes with built-in compliance safeguards.

Drafting Charitable Remainder Trust agreements is one of the most technically demanding tasks in estate planning. Attorneys must navigate complex IRC 664 requirements, actuarial calculations, payout structure rules, and state-specific execution formalities—all while ensuring the trust qualifies for the intended tax benefits. A single omission or miscalculation can disqualify the entire arrangement.

CaseMark automates the drafting of IRC 664-compliant Charitable Remainder Trust agreements by generating complete, structured documents from your trust parameters and funding details. The AI ensures every required provision is included—from irrevocability clauses and payout calculations to trustee powers and charitable beneficiary contingencies—dramatically reducing drafting time and compliance risk.

How it works

  1. 1. Upload your trust parameters, party details, and funding asset information

  2. 2. AI drafts a complete CRT agreement with IRC 664-compliant provisions

  3. 3. Review payout calculations, trustee powers, and beneficiary designations

  4. 4. Export the execution-ready agreement in your preferred format (DOCX, PDF)

What you get

  • Declaration and Irrevocability Provisions

  • Funding and Asset Transfer Clauses

  • Payout Terms and Calculation Methodology

  • Trustee Powers and Administrative Provisions

  • Charitable Beneficiary Designation and Contingencies

  • Tax Compliance and IRC 664 Qualification Language

  • Amendment and Termination Provisions

  • Execution and Governing Law Provisions

What it handles

  • Generates execution-ready CRAT and CRUT agreements with IRC 664 compliance

  • Supports NICRUT and NIMCRUT variant structures

  • Builds payout clauses with annuity or unitrust percentage calculations

  • Drafts trustee powers, investment authority, and administrative provisions

  • Includes 10% remainder test verification and actuarial compliance checks

  • Produces charitable beneficiary designation with contingency provisions

Required documents

  • Trust Parameters Document

    Details of trust type (CRAT/CRUT), parties (settlor, trustees, beneficiaries), payout terms, trust duration, and governing law

    .pdf, .docx, .txt

  • Funding Asset Schedule

    List of assets to fund the trust with fair market values, valuation dates, and any transfer restrictions or problematic asset flags

    .pdf, .docx, .xlsx

Supporting documents

  • Actuarial Calculations

    Pre-computed actuarial data including 10% remainder test results and applicable IRS discount rates

    .pdf, .xlsx

  • Prior Trust Agreements

    Existing trust documents or templates to inform drafting preferences and specific provisions

    .pdf, .docx

  • State-Specific Requirements

    Jurisdiction-specific execution formalities, registration requirements, or statutory provisions

    .pdf, .docx

Why teams use it

Eliminate hours of manual drafting with AI-generated, execution-ready CRT agreements

Reduce compliance risk with built-in IRC 664 qualification language and remainder test verification

Support multiple trust structures including CRAT, CRUT, NICRUT, and NIMCRUT from a single workflow

Ensure consistent, comprehensive coverage of all required trust provisions across every engagement

Questions

Does CaseMark support both CRAT and CRUT structures?

Yes. CaseMark generates both Charitable Remainder Annuity Trust (CRAT) and Charitable Remainder Unitrust (CRUT) agreements, including NICRUT and NIMCRUT variants. Simply specify your preferred trust type and CaseMark tailors the entire agreement accordingly.

How does the tool handle IRC 664 compliance requirements?

CaseMark builds IRC 664 qualification language directly into every section of the agreement, including express irrevocability, payout limitations, and remainder interest provisions. The output includes compliance checkpoints for the 10% remainder test and applicable probability tests.

Can I customize the payout terms and trustee powers?

Absolutely. You provide your desired payout percentage or annuity amount, payment frequency, and trust term, and CaseMark drafts the corresponding clauses. Trustee powers, investment authority, and administrative provisions are all customizable in the generated draft.

Does the output address state-specific execution requirements?

CaseMark incorporates governing law provisions and flags state-specific execution formalities such as notarization, witness requirements, and real property transfer considerations. You should verify these against your specific jurisdiction's requirements.

How long does it take to generate a complete CRT agreement?

CaseMark typically generates a comprehensive, execution-ready Charitable Remainder Trust agreement in approximately 14 minutes. This replaces hours of manual drafting while ensuring all required IRC 664 provisions are included.

Should I have the generated agreement reviewed by counsel?

Yes. While CaseMark produces a thorough, compliance-oriented draft, we recommend attorney review of all generated agreements before execution, particularly for actuarial calculations, state-specific requirements, and client-specific tax planning considerations.

Related

Access and Indemnity Agreement (Due Diligence)

Draft Property Access Agreements in Minutes with AI

Access Indemnity Agreement

Draft Access & Indemnity Agreements in Minutes

Ad Fund Agreement

Draft Ad Fund Agreements in Minutes, Not Hours