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A Year of SpeculationA Year of Speculation
As we embark on charitable gift planning for 2012, a look back at the events affecting philanthropy in 2011 can be helpful. At first glance, the events of 2011 may portend another year of uncertainty. But, when it comes to estate and financial planning, charitable giving opportunities now exist to complete gifts that yield benefits for donors and recipients that may not be available in 2013 and beyond.
Robert F. Sharpe, Jr.
As we embark on charitable gift planning for 2012, a look back at the events affecting philanthropy in 2011 can be helpful. At first glance, the events of 2011 may portend another year of uncertainty. But, when it comes to estate and financial planning, charitable giving opportunities now exist to complete gifts that yield benefits for donors and recipients that may not be available in 2013 and beyond.
Window of Opportunity
We began 2011 with the understanding that Congress had, through late 2010 legislation, opened a two-year window of opportunity that not only extended Bush income tax cuts, but also surprised planners with a provision for the reunification of federal estate and gift tax exemptions at $5 million per p...
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