Gift Planning Tips

Gift, Estate and Generation-skipping Numbers Drop Slightly
Annual inflation adjustments have, until recently, been calculated using the Consumer Price Index for All Urban Consumers (CPI-U) . . . more

Basis or Fair Market Value? It Depends
Many entrepreneurial clients hit the jackpot when shares in their companies go public . . . more

Don't Forget "Orphan" Retirement Accounts
Departing employees often neglect to make decisions regarding their 401(k) plans . . . more

Appreciated Stock vs. Annuities
Clients who have purchased annuity contracts sometimes realize, when payments are to begin, that they don’t need the income and don’t want to pay income tax on the distributions . . . 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.


March 2018 Archive
• Second-hand Philanthropy
• Time to Revisit Formula Bequests
• Make Sure Gifts and Bequests Can Be Used
• Exceptions to the Partial Interest Rule

February 2018 Archive
• Appraisal Rules Obsolete?
• Charitable Bequests: Taxes Aren’t the Only Reason
• Forget the Marital Deduction
• Want to Keep All the Income? There’s a Way

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


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