I have only worked on a few FLIP Charitable Remainder Unitrusts (FLIP CRUTs) in my career (at least ones that came to fruition) and all of a sudden in the past few weeks, I am working on one and talking to a former client about another. I don’t think two FLIP CRUT situations makes for...
Probably not. I wish that I could report that immediate IRA giving was back on (or really close). Check out this article from ThinkAdvisor.com: http://www.thinkadvisor.com/2014/11/03/tax-extenders-bill-in-jeopardy-as-debt-limit-looms. (the cool picture is from ThinkAdvisor, too) Not good news for nonprofits fundraisers looking for an extra boost from IRA gifts. In sum, the whole “tax extender” package is projected...
With the number of so-called “real” planned gifts (CRTs, CGAs, CLTs, and even BLTs way down:{) since 2008 for most planned giving programs, the issue of “Irrevocable Bequests” comes up often. Is there such a thing as an Irrevocable Bequest? No and yes. Why no? There is virtually no way to fix someone’s will. It...
Sorry, we are looking again at a resolution of the various expired tax extenders (including the IRA giving law) being taken up after the November election. Click here for Forbes’ update on this issue but it is not anything we haven’t seen before. Congress will most likely retroactively re-enact all or most of the so-called...
Planned Giving Advisors Now Offering Webinars!