2020 Charitable Giving Planning in Trusts & Estates, Part 1

Charitable giving can be a major portion of clients’ trust estate planning and introduce substantial complexity. Charitable giving may be motivated less by a desire for tax savings and more by a desire to have an impact on a specific charity or a community.  Clients may also want to retain some measure of control during their lifetimes over the property they are donating and retain income from the property. Though there is a vast array of vehicles and planning techniques to achieve these goals, working through the alternatives is daunting.  This program will provide you with a practical guide to the range of charitable giving vehicles, planning techniques to achieve client goals, tax and non-tax tradeoffs, and integrating charitable giving with overall estate plans.

• Charitable giving vehicles and techniques & advantages and disadvantages of each
• Integrating charitable giving into overall estate plans
• Use of Charitable Remainder Trusts and Charitable Lead Trusts to achieve client goals
• Donating life insurance policies and proceeds and related trust issues
• How to restructure restricted charitable gifts
• Tax pitfalls of charitable giving
• Post-mortem charitable giving techniques