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Gift Planning Tips

When Clients Want to Give "Things"
Gifts of personal property require special planning to maximize the donor’s charitable deduction . . . more

Combining Marital, Charitable Deductions for Estate Tax Savings
A client with a surviving spouse really doesn’t need an estate tax charitable deduction to completely avoid estate taxes . . . more

Coping with a Client’s Spendthrift Children
Parents sometimes express concern that their children might not be financially mature enough to handle a large inheritance . . . more

Planning for the S-L-O-W Rise in §7520 Rates
The §7520 rates used to value charitable deductions for charitable remainder trusts, charitable gift annuities, charitable lead trusts and gifts of homes or farms with a retained life interest have been above 2% all year . . . 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:

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

April 2017 Archive
• Keep the House in the Family with a Private Reverse Mortgage
• Home Away from Home
• Intentionally Incomplete Gifts
• Rates Going Up

March 2017 Archive
• The Art of Giving Artwork
• So Foreign, Yet So Near
• Do Mortgages and Charitable Remainder Trusts Mix?
• Baby Boomers Meeting Required Minimum Distributions

February 2017 Archive
• Elective Shares and Charitable Remainder Trusts
• Ruling from the Grave
• Planning Challenges with Beneficiary Designations
• Tips for Donors Who Can’t Use Deductions

January 2017 Archive
• Striking While the Market Is Hot
• To Family or to Charity?
• Watch the Numbers
• Start the Year Right


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