Gift Planning Tips

Change–Your-Mind Options for Charitable Remainder Trusts
Charitable remainder trusts are supposed to be irrevocable — the price donors pay for an income tax charitable deduction . . . more

When Does a Term–of–Years Trust Make Sense?
Most clients who establish charitable remainder trusts probably choose to have the trusts pay for the lifetime of the donors . . . more

Accelerating the Remainderman’s Benefit
Clients who establish charitable remainder trusts may desire that charity benefit before the trust comes to an end . . . more

Year–End Charitable Gift Planning
By far the simplest way for clients to increase itemized deductions before the end of the year is through charitable giving . . . more


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To download a PDF of the latest gift planning articles from CGTS Analysis & Comment, click here.

The following articles are now available from the latest edition of the Charitable Giving Tax Service Analysis & Comment. To see the complete text, just click on the above link. Archived articles, and the full 1200-page gift planning library are available at no charge if you register and sign in to CGTS-Online, using the link on this page.

IRS EXTENDS ANNUITY TRUSTS A LIFELINE
Inclusion of sample language avoids 5% probability test.

COURT DENIES DISTRIBUTIONS OF PRINCIPAL
Trust terms don’t provide for invasion of corpus due to financial need.

CHARITY GIVEN GREATER INVESTMENT OPTIONS
Restrictions resulted in minimal return, hampering decedent’s intent.

FAMILY’S ACTIONS, NOT BUSINESS CLIMATE, CAUSE DROP IN VALUE
Stock exchanged for promissory notes at discounted amount.

COURT REJECTS ATTEMPT TO “SWAP” BEQUESTS
Spouse stuck with IRA and income in respect of a decedent.

NO RELIANCE, NO PLEDGE
Charity’s claim against estate denied.

TAX ON IRD OFFSET BY DEDUCTION
Trust will receive cash from testator’s IRAs.

ORGANIZATION CHANGES USE OF CONTRIBUTED FUNDS
Donors want funds returned if not used as promised.

CHARITY CAN SUE ATTORNEY FOR ERROR IN WILL
Organization was intended beneficiary of instrument.


October 2017 Archive
• So Many Choices
• Best Candidates for Qualified Charitable Distributions
• Minimizing Taxes from Like-Kind Exchanges
• Income Tax Considerations in Charitable Bequests

September 2017 Archive
• Plan Ahead for Avoiding Tax on Group Term Life Insurance
• Taking the Pledge
• Advancing Lead Trust Payments
• Charitable Gifts That Avoid Year-End Cash Crunch Problems

August 2017 Archive
• Still Going Strong after Five Decades
• Let’s Make a Deal
• S Corporation Shares and Charity
• Special Handling Required

July 2017 Archive
• When Clients Want to Give "Things"
• Combining Marital, Charitable Deductions for Estate Tax Savings
• Coping with a Client’s Spendthrift Children
• Planning for the S-L-O-W Rise in §7520 Rates

June 2017 Archive
• No Charitable Deduction? No Problem
• Comparison of Split–Interest Gifts
• Going Out of Business Gifts
• Options Abound for Gifts by C Corporations

May 2017 Archive
• Forecast Calls for Remainder Trust Sprinkling
• Converting and Contributing
• Despite Tax Reform Uncertainty, Some Gifts Still Make Sense
• End-of-Life Charitable Gift Planning


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