Compare · SIS vs CRT

Structured Installment Sale vs. Charitable Remainder Trust

Both defer the tax on a sale and turn it into income — but they're built for different people. One is for sellers who want flexibility and their heirs to keep the principal; the other is for the charitably inclined. Here's the honest comparison.

If you're selling an appreciated asset and want to defer the tax while creating income, you'll likely hear about both a structured installment sale (SIS) and a charitable remainder trust (CRT). They sound similar but serve different goals. Here's how to choose.

Side by side

Structured Installment Sale (§453)Charitable Remainder Trust
How it defersSpread proceeds & gain over yearsSell tax-free inside the trust; income for life/term
Who gets the remainderYou / your heirs (it's your money)A charity keeps the remaining principal
Charitable intent required?NoYes — that's the point
Revocable?Schedule is fixed once setIrrevocable
Upfront charitable deduction?NoYes (partial)
Complexity / costLowerHigher (trust, trustee, admin)
Income backingA-rated insurance carrierTrust's own investments

Choose a CRT if…

You genuinely want to benefit a charity, want an upfront charitable deduction, and are comfortable that the remaining principal goes to that charity rather than your heirs at the end.

Choose a structured installment sale if…

You want to keep the money in your family, want simplicity, don't have a charitable goal, and want guaranteed payments backed by an insurance carrier rather than depending on trust investment performance.

The honest bottom line:
  • CRT = deferral + income + charity keeps the principal.
  • SIS = deferral + income + your heirs keep the principal.
  • For most sellers who aren't charitably motivated, the SIS is the better fit.

The takeaway

Both are legitimate. The deciding question is simple: at the end, do you want the principal to go to a charity (CRT) or to your family (SIS)? Run your numbers on both before deciding.

Frequently asked questions

What's the main difference between a structured installment sale and a CRT?

With a structured installment sale, the proceeds and remaining value stay yours and pass to your heirs. With a charitable remainder trust, a charity keeps the remaining principal after your income term ends. Both defer the tax and create income.

Do I need a charitable goal to use a CRT?

Yes — a charitable remainder trust is designed for people who want to benefit a charity. If you have no charitable intent and want your heirs to keep the principal, a structured installment sale is usually the better fit.

Which one is simpler and cheaper?

A structured installment sale is generally simpler and less expensive — there's no irrevocable trust to create, fund, and administer. A CRT involves trustee and administration costs.

Does a CRT give a bigger tax benefit?

A CRT provides an upfront partial charitable deduction and tax-free sale inside the trust, but you give up the principal to charity. A structured installment sale defers tax without giving away the principal. 'Bigger' depends on whether the charitable gift aligns with your goals.

Can I keep the income guaranteed?

A structured installment sale's payments are backed by a highly rated insurance carrier, so the income is guaranteed. A CRT's income depends on the trust's own investment performance.

Thinking about a big sale?

Before you sign anything, run your numbers with someone who structures the deal to be tax-smart and audit-ready from day one.

Call 213-414-2808 Run the Numbers →