Gift Planning Tips

Striking While the Market Is Hot
It took almost two years for the Dow to go from closing above 18000 (December 23, 2014) to closing over 19000 (November 22, 2016) . . . more

To Family or to Charity?
When planning a charitable bequest in a client’s estate plan, consider also the best assets to fund the bequest . . . more

Watch the Numbers
The value of the remainder interest in a charitable remainder trust must be at least 10% of the net fair market value of the assets transferred to the trust on the date of the gift [Code §§664(d)(1)(D), 664(d)(2)(D)] . . . more

Start the Year Right
Clients over age 70½ should be reminded to plan their required minimum distributions for 2017, but for those who normally give to charity, it’s a good idea to also discuss the benefits of qualified charitable distributions (QCDs) early in the 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.


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

August 2016 Archive
• Charitable Bequests and IRD
• ABLE Accounts Coming to a State Near You
• Is Borrowing an Option?
• What Is a Qualified Charity? It Depends

July 2016 Archive
• Defective, on Purpose
• Save by Giving
• A Deduction for "Doing Nothing"
• Giving Authority to Give


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