New York State Department of Law (Office of the Attorney General)
Charities Bureau - Registration Section
Instructions for Form CHAR001-RT
Registration Statement and Notice of Termination of Intervening Interest for Charitable Remainder Trusts
www.charitiesnys.com
Contents:
Note:
1. Who Must File CHAR001-RT ........................... 1
} The information in this form is for charitable remainder trusts.
2. Registration Information ............................... 1 For registration and filing requirements for charitable lead
A. Registration Statute and Registration Type . . . . . . . . . . . . . 1 trusts, see the instructions for Form CHAR001-LT. For
registration and filing requirements for estates with a charitable
B. New York State Registration Number . . . . . . . . . . . . . . . . . 1 interest, see the Charitable Estate Registration Instructions.
3. Entities Required to File a Form Other Than CHAR001-RT . . . . . 1 For registration and annual filing requirements for nonprofit
organizations, including wholly charitable trusts that file an IRS
4. Registration – What to File ............................. 1 Form 990, 990-EZ or 990-PF, see the instructions for Forms
5. Line By Line Instructions ..............................1-2 CHAR410 (Registration Statement for Charitable
Organizations) and CHAR500 (Annual Filing for Charitable
6. Subsequent Filings ................................... 2 Organizations).
7. When and Where To Submit............................ 2 } Please place identifying information (registration number if
8. Penalties ........................................... 3 applicable, trust name, etc.) on all correspondence and other
documents submitted to the Charities Bureau.
9. Questions / Contacting the Charities Bureau . . . . . . . . . . . . . . . . 3
} All references to forms designated “CHAR” are to official forms
10. Offices for Charitable Remainder Trust Matters . . . . . . . . . . . . . 4 of the Attorney General’s Charities Bureau. Copies of these
A. Registration..................................... 4 forms are available on the Charities Bureau’s website (see
address at top of this page).
B. Final Reports.................................... 4
1. Who Must File CHAR001-RT
Charitable remainder trusts must register with the Charities Bureau and submit a notice of termination of intervening interest by filing form CHAR001-RT.
* The term "charitable remainder trust” includes any trust for which a charitable beneficiary has a remainder interest, including without limitation
qualified charitable remainder annuity trusts and unitrusts, and terminated non-qualified trusts that have a vested charitable remainder interest.
Note regarding foreign trusts: Trusts for which foreign (non-New York) trustees or executors are acting under a trust agreement executed by, or the
will of, a non-resident of New York are not required to register.
2. Registration Information
A. Registration Statute and Registration Type
The statute requiring registration of charitable remainder trusts in New York State is section 8-1.4 of the Estates, Powers and Trusts Law (EPTL).
B. New York State Registration Number
The Charities Bureau will assign a registration number to trusts submitting CHAR001-RT.
3. Entities Required to File a Form Other Than CHAR001-RT
The following entities are required to register using a form other than the CHAR001-RT. Such entities should consult the instructions for their respective
forms to learn how to register and what to file.
Entity Form and Instructions
Charitable Lead Trusts CHAR001-LT & instructions
Estates with a Charitable Interest Notice of Probate & Charitable Estate Registration Instructions
Non-profit Organizations (including wholly charitable CHAR410 & instructions
trusts that file an IRS Form 990, 990-EZ or 990-PF)
4. Registration – What to File
Follow the instructions in part 5 (Line by Line Instructions) to determine which sections of the CHAR001-RT you must complete and which attachments
must accompany the form you submit.
There is no fee to register under the EPTL. Do not submit any fee with your CHAR001-RT unless you are simultaneously submitting (or have
previously submitted) a final accounting, in which case the fee applicable to final reports must be submitted. See Part 6 (Subsequent Filings),
below.
Page 1 of 4 Instructions for Form CHAR001-RT (2015)