Gift Planning Tips

Plan Early for IRA Rollover Gifts
Now that qualified charitable distributions (QCDs) from IRAs are permanent, advisers should determine which clients could benefit from making the gifts and plan these early in 2016, before required minimum distributions have been made . . . more

When to Choose a Charitable Remainder Annuity Trust
Charitable remainder unitrusts are generally preferred by donors over the fixed-income annuity trust, due to their greater flexibility . . . more

Advantages of Giving Closely Held Stock
Among the most valuable “hidden assets” for giving to charity are shares in a business owner’s closely held corporation . . . more

Charitable Gifts that Thrive on Low Interest Rates
Charitable remainder trusts, gift annuities, lead trusts and gifts of remainder interests in homes and farms generate deductions that are calculated using §7520 rates, which have been stuck in the 2% range for the past year . . . 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.

IGNORE THE NET-INCOME PROVISION, COURT RULES
Stated percentage to be used in valuing charitable remainder unitrusts.

ORGANIZATION REQUIRED TO NAME NAMES
Disclosure serves a compelling state interest, court finds.

TRUSTEE NOT LIABLE FOR PAYMENTS AFTER ANNUITY TRUST’S EXHAUSTION
High payout rate, market conditions – not breach of fiduciary duty – caused decline.

WILL CHANGE NOT DUE TO DIMINISHED CAPACITY
Court finds testator had testamentary capacity when removing daughters from estate.

DONOR’S DEDUCTION GOES EXTINCT
No appraisal, no reliable records and no acknowledgment spell doom.

WILL IS OF TWO MINDS ON UNITRUST PAYOUTS
Court finds general rule of interpreting inconsistencies doesn’t apply.

IRS: NO CHARITABLE PURPOSE IN GROUP’S ACTIVITIES
Tax-exempt status denied for helping undocumented aliens repatriate.

EXTRA TIME GIVEN TO INFORM IRS
Notification required when valuing split-interests with a prior month’s §7520 rate.


January 2016 Archive
• Congress Leaves a Year-End Gift
• Blending Income Tax and Transfer Tax Savings
• Best Assets for Funding Testamentary Charitable Remainder Trusts
• Choosing a Term-of-Years Charitable Remainder Trust

December 2015 Archive
• Charitable Giving Translation
• Three Routes to Tax-Free Income from Charitable Gifts
• Paying for a Bequest
• Living Trusts a Good Place for Charity

November 2015 Archive
• Providing for Both Spouse and Charity from an IRA or Other Retirement Account
• Interest Rate Traps for Annuity Trusts
• Two Remainder Gifts Worth Considering
• The Challenges of Trust Administration

October 2015 Archive
• Facilitating “Secret Bequests”
• To Appraise or Not to Appraise
• After the Gift
• Awarding Charity

September 2015 Archive
• Giving Kids the Business
• Mortgaged Real Property and Charitable Remainder Trusts
• Making the Most of Low Interest Rates
• Term-of-Years Trusts and Grandchildren

August 2015 Archive
• Reducing Tax for a Charitable Cause
• Even Volunteers Need to Keep Records
• Charity Benefits Early, but Nothing Extra for Donor
• Watch Timing in Gifts of Stock


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