IRS Form 5227 is completed annually by any split interest trust. In this example, we look at a Form 5227 for a Charitable Remainder Unitrust with a Net Income Makeup Provision.
Charitable Lead Annuity Trusts (CLAT) are a split interest trusts where the lead beneficiary is the charity, and the remainder beneficiary is usually an individual person.
The Charitable Remainder Annuity Trust (CRAT) is a form of split interest trust whereby the lead beneficiary is an individual, and the remainder interest is paid to a charitable organization.
This example covers how to prepare IRS Form 5227 for a Charitable Remainder Unitrust (CRUT)
The IRS Form 5227 is filed by split-interest trusts. This example covers a Form 5227 filing for a NICRUT for the 2022 tax year.
