|
|
Writing on behalf of the American Association of Life Underwriters (AALU), Marguerite Rangel and Andrea Schaffer discuss three client scenarios in which cash value life insurance was utilized as an investment vehicle within charitable lead trusts.... |
|
|
|
Writing for the New York Times, Paul Sullivan discusses how the $5 million gift- and estate-tax exemption combined with historically low interest rates are driving renewed interest in the use of charitable lead trusts to transfer wealth and accomplish family... |
|
|
|
The Board of Directors of the American Council on Gift Annuities has approved a new schedule of suggested maximum gift annuity rates for gifts established on or after July 1, 2011. |
|
|
|
Writing on behalf of Caplan & Drysdale, Michael Durham has thanked the Treasury for agreeing to meet with the Wisconsin Alumni Research Foundation for the purpose of discussing the contours of the currently proposed "Government Entity Exception" allowing... |
|
|
|
Writing for The New York Times, Paul Sullivan discusses the issues and alternatives survivors face with maintaining a private foundation following the death of its founder. |
|
|
|
In a letter to House member Michael Capuano, [D-MA], the IRS has clarified the deductibility, valuation and substantiation of the charitable contribution of an easement under the federal Historic Preservation Tax Incentives Program. |
|
|
|
The Tax Court has reduced the value of a conservation easement granted by a partnership on land it owned and imposed a 30 percentage limitation on the resulting income tax charitable deduction. |
|
|
|
Writing in the October 2010 issue of Estate Planning Journal, attorneys Richard Fox and Mark Teitelbaum caution that although language in Revenue Procedures indicates that charitable lead annuity trust payments may increase during the annuity... |
|
|
|
Many people who control private non-operating foundations find they do not offer as much planning flexibility as other types of giving vehicles and entities... |
|
|
|
In this article from the October 05, 2010 issue of Financial Advisor, planner Joe O. Luby III is interviewed regarding his advice that philanthropically inclined clients create grantor charitable lead trusts in the same year in which they convert a traditional IRA into... |
|
|
|
The American Council on Gift Annuities board of directors held its semi-annual meeting on April 28, 2010. At the meeting the Rates Committee recommended a new schedule of gift annuity rates effective July 1, 2010. |
|
|
|
According to an article in The Trust Advisor Blog, despite the estate tax hiatus, IRS records show steady
creation of charitable remainder trusts, and experts expect a CRT boom
ahead. |
|
|
|
In response to congressional inaction regarding the estate tax prior to the end of 2009, Conrad Teitell has written Senate Finance Committee leaders urging them to retroactively repeal another component of EGTRA, which imposes carryover basis rules on inheritances... |
|
|
|
If you missed last week's live webinar presentation on gifts and uses of life insurance in planned giving and how the charitable and professional advisory communities can come together as a team to offer best practices in this area, the program has been recorded and is... |
|
|
|
The American Council on Gift Annuities (ACGA) conducts a survey every five
years to learn the state of charitable gift annuity programs in the United
States. The 2009 survey is particularly important. Charities rely on the
survey results for evaluating their gift... |
|
|
|
According to a report in the Des Moines Sunday Register and as further reported in TaxProf Blog, nearly 1,700 contributors to a University of Northern Iowa athletic scholarship fund lost an estimated $6.8 million in accumulated insurance this year... |
|
|
|
From our friends at Trusts & Estates comes an article on a topic based on a real life case that many planners must unfortunately confront. There's no gentle way to couch it: "Is my client giving their estate to charity because they are... |
|
|
|
Nongrantor charitable lead trusts are designed to pay an income stream to charity for a term defined in the trust instrument with the remainder interest passing to noncharitable remainder beneficiaries, often the trustor's children, upon termination of the trust.... |
|
|
|
Most charitable remainder trusts are created with the intention of providing an income stream to the donors for their lifetimes with the remainder passing to charity at the conclusion of the trust term. In this case study, Mr. and Mrs. Allen take advantage of a... |
|
|
|
It was Will Rogers who once said, "I'm not as interested in return on my principal as I am return of my principal. In this case study, Mr. Braun, an 82-year-old widower who is worried about market volatility, learns how he can transfer... |
|
Recent activity
Creative Applications of Life Insurance in Charitable Lead Trusts
Heard on the Web: Charitable Lead Trusts Draw Renewed Interest
Heard on the Web: Weighing the Best Vehicles For Philanthropic Giving
Symbiotic Ways Private Foundations Use Community Foundations
ACGA Issues New Suggested Gift Annuity Rates
National Heritage Foundation Files for Bankruptcy: Gift Annuitants Among Largest Creditors
Heard on the Web: Charitable Life Insurance Gift Program Blows Up on University, Donors
Heard on the Web: Philanthropy or Spite?
Donor Advised Funds: New Provisions in Pension Protection Act of 2006
Case Study: Utilizing Gift Annuities to Help Older Donors Provide for Future Needs