Gift Planning Tips
For What It’s Worth
Donors sometimes use hard-to-value assets to fund charitable remainder unitrusts — closely held stock, real estate, tangible personal property . . . more
These Gifts Require Special Attention
Lifetime gifts of tangible personal property are subject to different rules than gifts of cash, real estate and appreciated securities . . . more
Borrowing to Make a Charitable Gift
A donor who contributes borrowed funds to make a gift to charity may claim a charitable deduction in the year the gift was made, and need not wait until the loan is repaid . . . more
Love and Charitable Remainder Trusts
Clients who wish to fund a testamentary trust for a surviving spouse and charity have two choices, either of which will completely avoid estate tax . . . more
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ANNUAL WAIT OVER FOR IRA ROLLOVERS
COURT RECONSIDERS 50-YEAR-OLD PRECEDENT
Extrinsic evidence admissible to determine testator’s intent.
IRS HAS SECOND THOUGHTS
Alternative to contemporaneous written acknowledgments issued, then withdrawn.
LIMITATIONS DON’T APPLY TO TRUST GIFTS, COURT HOLDS
Property purchased with income remains income.
CONSERVATORS CAN’T MAKE CHARITABLE CHOICES
Remainder in special needs trust must pass by intestacy.
CONTROVERSY STILL PENDING WHEN DEDUCTION CLAIMED
Charitable amount not permanently set aside under Code §642(c)(2).
DONORS: 0, IRS: 2
Two appellate courts agree on mortgage subordination to easement property.
April 2016 Archive
• Cash (Saving) Crops
• Life Expectancies and Actuarial Values
• Controlling IRA Distributions from Beyond the Grave
• Charitable Solution to Excess Earnings
March 2016 Archive
• Raining on the Grandchildren
• Deferred Charitable Gift Annuities without the Worry
• Real Opportunities in Real Estate Gifts
• Charitable Remainder Trusts to Encourage Good Behavior?
February 2016 Archive
• Plan Early for IRA Rollover Gifts
• When to Choose a Charitable Remainder Annuity Trust
• Advantages of Giving Closely Held Stock
• Charitable Gifts that Thrive on Low Interest Rates
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
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