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IRS Publishes Sample Inter Vivos Charitable Lead Unitrust Forms

... provisions that meet the requirements for an inter vivos charitable lead unitrust (CLUT) providing for unitrust payments payable to one or more ...

Tuesday, September 9, 2008 - 2 comments - 0 attachments

ACGA and NCPG Oppose Proposed Charitable Lead Trust Regulations

... SUMMARY: A specific provision in a non-grantor charitable lead trust’s governing instrument (or a provision of local law) that ...

Tuesday, October 21, 2008 - 0 comments - 1 attachment

NCPG and ACGA Comment on Proposed Charitable Contribution Substantiation Regulations

... and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions. November 5, 2008 ... and farms; 2. Grantor charitable lead annuity trusts and grantor charitable lead unitrusts. (The proposed regulations exempt ...

Tuesday, November 18, 2008 - 0 comments - 0 attachments

IRS Publishes Sample Testamentary Charitable Lead Unitrust Form

... provisions that meet the requirements for a testamentary charitable lead unitrust (CLUT) providing for unitrust payments payable to one or more ...

Tuesday, September 9, 2008 - 0 comments - 0 attachments

The Art of Donating Art: The Charitable Contribution of Art, Antiques and Collectibles

... Protection Act, 1 the rules related to qualified charitable contributions have been "stepped up." This article will ... the scope of this article, such as charitable remainder trusts, charitable remainder unitrusts, pooled income fund trusts, charitable lead trusts, charitable lead unitrusts and charitable annuities. ...

Tuesday, November 18, 2008 - 1 comment - 0 attachments

Stranger-Owned Life Insurance (SOLI"): Killing the Goose That Lays Golden Eggs!"

... in the life of a parent. SOLI in a charitable context Here, the promoter's claim is that this ... with) a charitable remainder unitrust or charitable lead trust. In many cases, individual life insurance owned by a charity on the ... back Wendy Davis, "Death-Pool Donations", Trusts and Estates, May 2004. back Leimberg Information ...

Wednesday, February 9, 2005 - 10 comments - 0 attachments

U.S. Charitable Giving Estimated to be $306.39 Billion in 2007

Full Text: Glenview, Ill. (June 23, 2008)—Charitable giving in the United States is estimated to be $306.39 billion in ... impact on the growth of charitable remainder trusts, lead trusts and other split-interest charitable gifts. A freeze of current ...

Tuesday, August 19, 2008 - 3 comments - 0 attachments

More Endowment/CRT Investment Rulings

... M is the trustee of a number of charitable remainder trusts (collectively, "the Trusts"), and as trustee, M is the ... business income tax issues arising when charitable lead trust assets are invested with charitable organizations. Thus, the word ...

Tuesday, June 24, 2008 - 0 comments - 0 attachments

The Coming Boom In Charitable Trusts

... Conditions are ripe for a new surge in growth of charitable trusts-both in terms of number created and the amount of assets ... has flagged while charitable gift annuities and charitable lead trusts (CLTs) have enjoyed unprecedented growth. But now, ...

Tuesday, May 13, 2008 - 2 comments - 0 attachments

Proposed Regs Prorate Tax Character of Income Distributions from CLTs to Charitable Beneficiaries

... to determine the tax character of the amounts paid to a charitable beneficiary of the trust or estate. The proposed regulations also ... The proposed regulations affect estates, charitable lead trusts (CLTs) and other trusts making payments or permanently setting ...

Wednesday, July 30, 2008 - 0 comments - 0 attachments