Philanthropy

Private letter ruling provides opportunity for planners

Now is a good time to tell your clients how to substantiate their charitable gifts on their 2014 federal income tax returns — due by April 15, 2015...

Copyright Tim Boyle, Getty Images...

An examination of the important environmental factors affecting charitable giving

Copyright Mario Tama, Getty Images Are compensation cuts coming to Merrill Lynch advisors in 2015? AdvisorHUB (rumors) seems to think so. According to a rumor circulating on the site, the cuts are hitting payouts, not deferred compensation...

Along with directly helping your client with their wealth management planning, you can also help them initiate charitable giving conversations with their families and create a plan for family philanthropy. In fact, studies have shown that when...

As a recent PLR illustrates, transfer of assets from an estate to a private foundation may trigger exposure

A charitable gift is considered made on the “date of delivery.” Establishing that date is important. It determines: (1) the tax year in which the gift is deductible; (2) the value of the gift for assets that fluctuate in value ...

Regular readers of this column will notice something different—there’s no Deloitte disclaimer at the end. I’ve retired from Deloitte effective the end of November. I’m not leaving the profession, though: Stay tuned for the...