Realistically, who is a candidate for a Charitable Remainder Trust?

More of us are candidates for a CRT than most people think. You do not have to be a Rockefeller or a Mellon in order to consider a charitable trust. Most successful businesspersons, professionals, executives, investors, and savers are excellent candidates. If you have a highly appreciated asset with a low yield which you would like to convert to cash or reinvest without paying a capital gain tax, you should investigate this planning device. If you are overfunded in your pension plan or have frozen or canceled your retirement program because of unbearable compliance and administrative expense, you should also consider a Charitable Remainder Trust as a meaningful alternative.