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Christiansen Is A Boon for CharitiesChristiansen Is A Boon for Charities
The taxpayer victory in the Christiansen appeal is a gift for charities because it effectively throws open the door to charitable lid planning. The U.S. Court of Appeals for the Eighth Circuit has given charities, taxpayers and estate planners reason to celebrate this holiday season by handing down a complete taxpayer victory affirming the Tax Court in Christiansen v. Comm'r, 2009 WL 3789908 (Nov.
Daniel L. Daniels, & David T. Leibell, partners in the Stamford, Conn., office of Wiggin and Dana
The taxpayer victory in the Christiansen appeal is a gift for charities because it effectively throws open the door to charitable lid planning.
The U.S. Court of Appeals for the Eighth Circuit has given charities, taxpayers and estate planners reason to celebrate this holiday season by handing down a complete taxpayer victory affirming the Tax Court in Christiansen v. Comm'r, 2009 WL 3789908 (Nov. 13, 2009).
This case involved an estate plan containing a charitable lid effectuated by a disclaimer. The result of this decision could be a dramatic increase in charitable lid planning, resulting in the reallocation of millions annually to charity th...
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