While beauty may be in the eye of the judges, a beauty pageant’s qualification as an Internal Revenue Code Section 501(c)(3) charity is in the eye of the Internal Revenue Service...
Many of our clients (and perhaps some of us) hold appreciated alternative investments, such as hedge funds, real estate or private equity funds. They may be limited partnership interests or limited liability company units, but for income tax...
As a Canadian I know we rarely tout our achievements. As philanthropic Canadians, we are even more reserved. This may be because of the roots of our giving come from British culture, or how we have created our wealth in the first place. Various...
Simplifying complicated facts—and doing some rounding off. A partnership reported a $33 million charitable contribution for property donated to a university. The partnership had acquired its interest in the contributed property from...
Many financial and estate planners will recall the “Golden Age” of the charitable remainder trust (CRT) that took place from the mid-1980s until the late 1990s. Many welcomed it as concrete evidence of the unfolding of the “Great American Wealth...
This week I will be presenting at Wink Calgary. This is a lunch-time session where I walk a woman named Jane through her legacy planning and charitable gift strategies. As I was thinking about how best to present the information...