Description
Historically low interest rates and higher income taxes have led to an increased interest in charitable planning. Today, many taxpayers are searching for new ways to maximize their deductions. In the current financial and tax environment, charitable giving is more valuable than ever. Against that backdrop, this course has been fully revised, expanded and enhanced to help you meet the needs of every client looking to make the most of their charitable giving.
Topics covered in this course include the following:
• New tools to help planners deal with higher capital gain tax rates
• New chapter on Charitable Life Estates
• Techniques specifically geared toward organizing and strengthening the approaches used by planned giving teams within charitable organizations
• Tools for meeting the expectations of continuing growth in the value of assets often used to fund charitable gifts
• Exploration of recent trends toward using CRUTS rather than CRATS
• Insights into the best techniques to meet planned giving goals in a low-interest-rate environment, including the use of CLATs
• New content on Type III supporting organizations
• Expert tips on using charitable gift annuities in death
Comprehensive updates throughout the course will help you understand the new tax rules, including the effects of the Net Investment Income Tax on donors, beneficiaries, and trusts. Topic covered in this course include:
Chapter 1 Selling the Dream 1
Chapter 2 General Rules for Charitable Deductions 7
Chapter 3 Income Percentage Limitations 19
Chapter 4 Gifts of Property 31
Chapter 5 Valuation Issues 49
Chapter 6 Partial Interest Rules 57
Chapter 7 E-Philanthropy and Technology Issues 65
Chapter 8 Ethical Issues in Charitable Planning 69
Chapter 9 The Planned Giving Office 81
Techniques of Charitable Planning
Chapter 10 The Planned Giving Team 91
Chapter 11 Bargain Sale Transactions 103
Chapter 12 Below-Market Interest Loans 109
Chapter 13 Charitable Gift Annuities 117
Chapter 14 Charitable Giving Using Life Insurance 123
Chapter 15 Charitable Life Estate 143
Chapter 16 Charitable Lead Trusts 149
Chapter 17 Charitable Remainder Annuity Trusts 159
Chapter 18 Charitable Remainder Unitrust 169
Chapter 19 Charitable Remainder Trust (CRT) Administration 183
Chapter 20 Community Foundations 191
Chapter 21 Qualified Conservation Contributions 197
Chapter 22 Donor-Advised Funds 207
Chapter 23 Pooled Income Funds 217
Chapter 24 Private Foundations 227
Chapter 25 Retirement Plan Gifts 239
Chapter 26 Testamentary Gifts 251
Chapter 27 Supporting Organizations 263
Appendices
Appendix A Planned Giving Trends 271
Appendix B Charitable Gift Annuity Rates and IRS Expected Return Multiples 277
Appendix C Income Percentage Limits for Lifetime Charitable Gifts 287
Appendix D Codes of Ethics 289
Appendix E IRS Filing and Reporting Requirements 297
Appendix F Model Forms for Charitable Remainder Trusts 315
Appendix G Electronic Resources 349
Appendix H Tax Tables 359
Appendix I Valuation Tables 365
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