Originally posted to Forbes.com The One Big Beautiful Bill Act (OBBBA) is now law. One of the myriads of tax benefits it has changed is charitable deductions. There are a number of prominent changes to charitable tax deduction rules, but the bigger story is how OBBBA overall will change charitable planning for some taxpayers. Perhaps…
OBBBA made a myriad of changes to the tax law. The indirect planning implications are quite significant. This webinar assumes attendees are already familiar with the basic OBBBA changes and will build on that with a discussion of how and when non-grantor trusts may be used, sometimes differently, in planning post-OBBBA. In particular, we will…
Charitable Reminder Trusts (CRTs) are a powerful and flexible financial, tax, charitable and estate planning tool. NIMCRUTs are a particular powerful type of CRT that can be applied in various planning scenarios. This program will provide attendees with a review of CRTs generally as a foundation for the detailed discussion of NIMCRUTs. Then, NIMCRUTs will…
Charitable giving is a vital component of many estate, tax, financial and related plans. This webinar will survey various charitable giving techniques, including outright cash and noncash gifts, gifts of life insurance and annuities, bargain sales, charitable gift annuities, charitable remainder trusts, and charitable lead trusts. In addition, the presentation will review the charitable contribution…
Speakers: Martin M. Shenkman, Esq. and Alan S. Gassman, Esq. A discussion on some facets of the human aspects of estate planning regarding giving back.
Senator Chris Van Hollen and others have introduced a bill (called STEP) that would cause gain recognition on assets transferred by gift, by a distribution from a trust and upon death, subject to limited exceptions. It would be retroactive to the beginning of this year (2021). Taking that into account may curb estate tax planning…
Speakers: Martin M. Shenkman This video discusses considerations for charitable giving and is hosted by the National Multiple Sclerosis Society.
Speakers: Martin M. Shenkman and Robert S. Keebler This video is part 2 of a discussion on income tax considerations for charitable planning, including Qualified Charitable Distributions, Split interest giving and CRTs, Gift annuities, Grantor Charitable Lead Trusts, Non-Grantor Trusts and Endowment constructs to give more to charity. Handouts One Slide Per Page
Speakers: Martin Shenkman and Robert S. Keebler Sponsors: National Multiple Sclerosis Society Income tax considerations for charitable planning. Part 1 discusses tax deductions for donations, donating appreciated stock, using a power of attorney to make donations when incapacitated, donating life insurance policies and a brief discussion on the SECURE ACT and the use of CRTs…
Course Description: Charitable Remainder Trusts (“CRTs”) have become a common planning discussion topic lately, perhaps in large part to the consideration of using CRTs as beneficiaries of IRAs now that the Secure Act has eliminated the stretch IRA for most beneficiaries. But planners need to understand how CRTs work, the many variations of CRTs (CRATs,…