Planned Gift Tech

Back to Square One: CRT Terminations as Brand New Planned Gifts

Bill Zook

Friday, October 4, 11:30 a.m. – 12:30 p.m.


Even though an existing charitable remainder trust can often be terminated relatively simply and quickly, care must be exercised to help ensure everything goes smoothly. The best way to achieve a successful outcome is to treat the termination as the brand new planned gift that it truly is. In particular, this entails allowing for the possibility that after assessing the situation, a conclusion is reached that the termination should not go forward (or at least not at present). This session will examine why income beneficiaries may wish to terminate a trust before it would otherwise end according to its terms, along with forms a termination might take. It will also highlight typical and less common issues that may arise, as well as ways to handle those issues.

Learning Objectives

  1. Determine when and how a CRT should be terminated.
  2. Identify and analyze all the steps that may need to be taken.
  3. Develop and execute a plan for a smooth termination.


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Bill Zook

Principal, Evergreen Planned Giving, LLC

Bill is the principal of Evergreen Planned Giving, LLC, which was formed in 2016. Now in his third decade as a planned giving consultant, he has served hundreds of clients throughout the U.S. Bill worked initially with Planned Giving Services, Inc., and its founder, Frank Minton, beginning in 1996 and then with planned giving software and services company PG Calc Incorporated from 2005 to 2015. Over the years, Bill has given well over 100 presentations to diverse groups on a wide range of planned giving topics and has also published dozens of articles. A former president of the Washington Planned Giving Council, Bill is also a member of the National Association of Charitable Gift Planners (as well as its Leadership Institute), the Seattle Estate Planning Council, the East King County Estate Planning Council and the Washington State Bar Association. Prior to becoming a consultant, Bill practiced estate planning law and spent the better part of a decade in the field of alternative dispute resolution entailing arbitration, mediation and conciliation of customer-business disputes; arbitration of labor-management disputes; and teaching a community college course for paralegals. He received his BA in religious studies from the University of Virginia and his JD from the University of Washington School of Law. Bill’s current community involvement focuses on alleviating homelessness.