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Gift Planning Tips

Appraisal Rules Obsolete?
Reg. §1.170A-13(c)(3)(i)-(ii) sets out the rules donors must meet when obtaining an appraisal for non-cash gifts to charity . . . more

Charitable Bequests: Taxes Aren’t the Only Reason
Long gone are the days when average Americans considered charitable techniques when trying to reduce or avoid estate taxes . . . more

Forget the Marital Deduction
There is no marital deduction for a charitable remainder trust that pays to children at the death of the spouse . . . more

Want to Keep All the Income? There’s a Way
Although pooled income funds are nearly as rare as unicorns, there is a reason new funds may be attractive . . . more


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.


Gift Planning Tips Archives:

January 2018 Archive
• Exceeding the $12,000/$24,000 Standard Deduction
• Businesses of All Types Are Winners
• Changes Affecting Charities and Charitable Giving
• Charity in Lieu of Alimony?

December 2017 Archive
• April 15: It's Not the Only Tax Deadline to Remember
• If Itemized Deductions Are Cut Back
• Using Closely Held Stock in Charitable Lead Trusts
• Encouraging Younger Family Members to Save

November 2017 Archive
• Change–Your-Mind Options for Charitable Remainder Trusts
• When Does a Term–of–Years Trust Make Sense?
• Accelerating the Remainderman’s Benefit
• Year–End Charitable Gift Planning

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


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