FSC of Utah administers/manages charitable foundations and/or charitable trusts through the efforts and association of a cooperative of non-financial professional service providers (i.e. Attorney's and CPA's).

These charitable foundations and/or charitable trusts are established through The American Foundation of Utah, which is managed by FSC of Utah.

The Family Foundation Advantage™ can be defined as the creation of a charitable "endowment like" account within The American Foundation of Utah.  The Donor or his/her family retains the ongoing right to direct the annual income, as grants, to the charities they choose.  This format provides for a charitable account that operates similarly to a private  foundation while receiving the greater tax benefits associated with donations to a public charity. 

This Family Foundation charitable account is more advantageous than a private foundation and this is why we call it the Family Foundation Advantage.  To see some of the other benefits that the Family Foundation Advantage offers, please click Family Foundation Advantage.

 

The CRT Advantage™ is simply a CRT that names the Client's own Family Foundation, as described in the Family Foundation Advantage paragraph above, as the Charitable Beneficiary.  Because of the connection to a family  foundation, a CRT Advantage is ten (10) times more attractive than a traditional CRT.  This single refinement is the  most spectacular advantage that eliminates the feeling that the client otherwise might have that he/she is giving away his/her assets.  A distinguished Estate Planning Professor, Willard Pedrick, often remarked, "For wealthy people it's not how much they own that matters, it's how much they control and direct."   Actually, ownership in most cases is a disadvantage because it subjects assets to lawsuits, creditors, onerous taxation, and family feuding.  This paradigm of "control and direction as opposed to ownership" is reflected in the ability to retain significant assets in a family  foundation.  The family retains ongoing direction and it feels like this is just another pocket your client uses for strategic   tax, financial planning, and philanthropic purposes (where families become united rather than divided).  Overriding everything else, the CRT  Advantage achieves the most important of all strategic planning - INCREASED CASH FLOW, without incurring capital  gains tax and in an advantageous Family  Foundation format.  Remember, more cash flow for good people results in their being able to do more good.  And more good is always better.  Please click to learn more about the CRT Advantage.    

 

The CRT Split Advantage™ is a new, Patent Pending, Revolutionary Method of Managing Charitable Remainder Trusts that Could Generate $1 Billion Nationally in Net Income to the "Income Beneficiaries" of  these Trusts. This CRT  management technique will become the standard management method for all CRT's in the future. This new CRT management technique has been patented by Foundation Services of America, LLC, and there is no cost to its use when used in conjunction with setting up a family foundation with The American Foundation of Utah, or its Flagship Public Charity, The American Foundation™, a Phoenix-based  501(c)(3) Charity, that creates component  Family Foundation accounts.  There is no-charge for others to use this method when combined with a Family Foundation at The American Foundation of Utah or The American Foundation.  By the very nature of this new design, the CRT Split Advantage will enable donors to strategically manage their trusts, reduce risk, minimize income taxation and increase net income. For example, a donor who contributes $1 million into a  CRT Split Advantage could net $5,000 more in the first year than the donor who funds a traditional CRT, with both having identical investments and a payout rate of five percent.          

To learn how the CRT Split Advantage works and see a hypothetical example, please click to learn more about The CRT Split Advantage.