Crut


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Related to Crut: crutch
(krŭt)
n.1.The rough, shaggy part of oak bark.
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The IRS noted that the CRUT was not exempt from tax under Sec.
Consequently, Schaefer's estate was required to use an annual distribution amount of 11% (for CRUT 1) or 10% (for CRUT 2) of the net FMV of the trust assets when valuing the remainder interests.
For instance, an otherwise permissible split-interest trust with a 1 percent unitrust amount must be increased to 5 percent (the statutory floor) to qualify as a CRUT, but if the modification causes the date-of-death actuarial value of the charitable remainder interest to decrease by more than 5 percent, the reformation will not be qualified and a charitable deduction would be denied.
The details on each are beyond the scope of this article, but the major types include charitable gift annuities (CGAs), charitable remainder annuity trusts (CRATs), charitable remainder unitrusts (CRUTs) and pooled income funds (PIFs).
The taxpayers in this case donated properties worth several million dollars to their CRUT, but were denied a deduction because they improperly documented the property's value on their tax returns.
Acute inflammatory cells were limited to the wound surface and under crut. Wound surface was covered with crut including blood clot with fibrin, inflammatory cells and necrotic tissues debris.
Unlike the CRUT, to the extent there is inadequate trust income, the trustee has no obligation to pay out the unitrust amount and the donor can be positioned to receive larger makeup payments after retirement.
(2ik) For transfers to a trust made after May 17, 1997, regulations exempt charitable remainder unitrusts (CRUTs) from IRC Section 2702 only if the trust provides for simple unitrust payments, or in the case of a CRUT with a lesser of trust income or the unitrust amount provision, the grantor and/or the grantor's spouse (who is a citizen of the U.S.) are the only noncharitable beneficiaries.
(3) For transfers to a trust made after May 18, 1997, regulations exempt charitable remainder unitrusts (CRUTs) from IRC Section 2702 only if the trust provides for simple unitrust payments, or in the case of a CRUT with a lesser of trust income or the unitrust amount provision, the grantor and/or the grantor's spouse (who is a citizen of the U.S.) are the only noncharitable beneficiaries.
Mon visage changea si bien qu'on crut que je me trouvais mal.