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Year-End Planning in 2012Year-End Planning in 2012

Robert F. Sharpe, Jr, CEO

November 13, 2012

9 Min Read
Year-End Planning in 2012

As we enter the final weeks of 2012, financial and estate-planning advisors have rarely faced so many uncertainties surrounding tax and other relevant legislation, economic fluctuations and other determinative factors. Clients can, however, take certain action by the end of this year to help them take advantage of a few areas of certainty, in which wise planning of charitable gifts can pay off with immediate and, perhaps, future tax savings. 

Don’t Delay Charitable Gifts

Some advisors have questioned traditional income tax-planning strategies, which call for deferring income and accelerating deductions. The prospect of higher tax rates has prompted these practitioners to recommend accelerating income into this year to be taxed at lower rat...

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About the Author

Robert F. Sharpe, Jr

CEO, Encore

Robert F. Sharpe, Jr. is CEO of Encore in Memphis, Tenn. He is a nationally recognized pioneer, leader and authority in the field of philanthropy. During more than 35 years serving America’s nonprofit community, he has consulted nationally with educational, health, social service, arts and religious organizations and institutions in the planning and implementation of their major, planned gift and endowment development efforts. A graduate of Vanderbilt University and Cornell Law School, he served as a development officer for a liberal arts college prior to practicing law with a major law firm specializing in taxation and estate planning.

Robert is chairman of the philanthropy editorial board of Trusts & Estates magazine and co-author of the National Association of Charitable Gift Planners (CGP) Model Standards of Gift Valuation. He has served on the board of Giving USA and on strategic task forces for the CGP. Among other publications, his remarks have been featured in The Wall Street Journal, The New York Times, Newsweek, Forbes, Smart Money, The Chronicle of Philanthropy and Kiplinger’s.

He is a frequent speaker at gatherings across the country including Planned Giving Councils in New York, Washington, Chicago, and Los Angeles, the National Association of Charitable Gift Planners national conference, the Association of Fundraising Professionals (AFP) National Conference, and the American Bankers Association Wealth Management and Trust Conference.