Gift Planning Tips

Appraisals a Vital Part of Substantiating Noncash Gifts
Obtaining an appraisal for a gift to charity might seem like a nuisance, but clients who fail to follow the requirements could find their deductions denied or severely reduced . . . more

Stock Gifts with Dividends
Donors are often advised to make their charitable gifts using shares of long-term appreciated stock, rather than cash . . . more

Private Foundation: Custom-Designed Philanthropy
Private, or family, foundations are charitable organizations set up by individuals or firms that are managed or strongly influenced by the donors who established them or by members of their families. . . more

Gift Opportunities for Closely Held Corporations
Clients who own closely held corporations have the option of making gifts from their personal assets or having their businesses make the gifts . . . more


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 here. Archived articles, and the full 1200-page gift planning library are available at no charge if you register and sign in to CGTS-Online.

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.


Summer 2019 Archive
• Maintaining Trust Qualification Requires Ongoing Vigilance
• What Happens Later?
• Restricting the Use of Contributed Property
• Considerations When Making Charitable Bequests

Spring 2019 Archive
• Life Insurance: It’s Not Just for Families Anymore
• Sale to Charity Can Be a Bargain
• Deferred Gift/Immediate Deduction
• Where Two (or More) Trusts May Be Better Than One

Winter 2019 Archive
• Beneficiary Forms: Making Them Achieve Clients’ Goals
• Philanthropy—It's Not Just for “Old People”
• Special Help for Some Beneficiaries
• Add Charity to the Marital Deduction

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