For higher-net-worth clients who are likely to owe federal estate taxes at death, making taxable gifts in 2010 may be a viable planning opportunity. That’s even if future legislation increases the estate tax exemption to proposed levels of ...
Second Circuit vacates Tax Court's determination on inclusion of transferred interest in real estate under IRC Section 2036 In Estate of Stewart v. Commissioner, No. 07-5370, (2d. Cir. Aug. 9, 2010), the majority of the U.S. Court of Appeals for...
Second Circuit vacates Tax Court's determination on inclusion of transferred interest in real estate under IRC Section 2036 In Estate of Stewart v. Commissioner, No. 07-5370, (2d. Cir. Aug. 9, 2010), the majority of the U.S. Court of Appeals for...
In the view of some who follow the philanthropy business, financial advisors could have one of two reactions to the announcement by Warren Buffett and Bill Gates that they have rounded up 40 billionaires who have agreed to give away most of their...
Despite the economic recession, private foundations (PFs) led by individual donors and by families continue to form, grow and increase their grant making in one way or another. Indeed, a recent analysis of the giving patterns of 700 Foundation...
New report stresses that those donors, private foundations and community foundations engaging in philanthropy must “act bigger” and “adapt better” in the future
Americans will be feeling more generous this year, according to a projection from the Center on Wealth and Philanthropy at Boston College. After falling off in 2009, charitable giving by individuals in the United States is expected to increase...
Choosing among various charitable-giving options can be a challenging proposition for your clients. The most common options are creating a private foundation (PF), contributing to a donor-advised fund (DAF) or making an outright donation. If your...
