Gift Planning Tips

The Art of Giving Artwork
Most clients receive the same tax rewards from giving paintings and other tangible property to charity as from a gift of marketable securities . . . more

So Foreign, Yet So Near
Charity may begin at home, but it really knows no national boundaries.  Donors from the U.S. make contributions to organizations and institutions that serve countries around the world . . . more

Do Mortgages and Charitable Remainder Trusts Mix?
Transferring mortgaged property to a charitable remainder trust can be problematic . . . more

Baby Boomers Meeting Required Minimum Distributions
The leading edge of the Baby Boomer generation (those born between 1946 and 1964) turned age 70 last 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.

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.


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

December 2016 Archive
• Charitable Options for Revocable Living Trusts
• Take the Pledge
• Gift Annuities and Capital Gains
• “Grandpa, Can I Borrow Some Money for College?”

November 2016 Archive
• Reminders at Year’s End
• Contribute and Replace
• Keep Track of Donor Advised Funds
• Corporations Can Give, Too

October 2016 Archive
• An Option with Options
• Charitable Gifts as Retirement Accounts for Employees
• Special Rules for Gifts of Intellectual Property
• Generosity on the Gridiron

September 2016 Archive
• A Lifeline for Charitable Remainder Annuity Trusts
• Plan Early for Savings on Medicare
• Customizing Trusts to Meet Clients’ Needs
• Charity to the Rescue for Blended Families


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The information contained on this website is written to provide accurate and authoritative information in regard to the subject matters covered. It is published by R&R Newkirk Company with the understanding that in this publication the authors are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. (From a Declaration of Principles jointly adopted by a committee of the American Bar Association and a committee of publishers and associations. Circular 230 Notice: Any U.S. federal tax advice contained in this publication is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

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