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...
Trusts & Estates relies on its editorial advisory board to help screen articles. In addition to authoring pieces, the board provides valuable behind-the-scenes work to make sure that T&E provides you with high quality...
A new type of potential charitable gift is Virtual Currency. And, this gift could be right around the corner now that the Internal Revenue Service has specified the many tax ramifications of Virtual Currency transactions. I’ll sometimes use...
Based on my observation of the tax filing (or extension calculation) season we’ve just completed, here are three ideas for better results the next time around. ...
Ways and Means Chairman Dave Camp (R-MI), on Feb. 26, 2014, released (but didn’t introduce) a nearly 1,000 page bill (Discussion Draft, The Tax Reform Act of 2014), a major overhaul of the Internal Revenue Code. Effective. ...
In late February 2014, Representative Dave Camp (R-MI) put forth what’s been described as the most serious tax reform proposal (the Camp proposal) since the historic Tax Reform Act of 1986 (the 1986 Act). The Camp proposal represents the...
Often, donors and others can be quick to try to make a distinction between “good giving” and “bad giving.” “Good giving” supports programs that are high-impact, low-overhead, and focused on root...
