TITLE

Year-End Planning in 2012

AUTHOR(S)
Sharpe Jr., Robert F.
PUB. DATE
November 2012
SOURCE
Trusts & Estates;Nov2012, Vol. 151 Issue 11, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses philanthropy in the U.S. and year-end financial and estate planning as of November 2012, focusing on issues regarding the tax implications of charitable gifts, offset accelerated income, and the use of charitable lead trusts. An analysis of the amount of charitable deductions claimed by American taxpayers in 2010 is also provided.
ACCESSION #
83134796

 

Related Articles

  • The Crux of the Clutch CRUT Crutch: How to Fix an Impermissible Split-Interest Trust to Obtain an Estate Tax Charitable Deduction. Pratt, David; Rosenblum, Michael // Florida Bar Journal;Nov2015, Vol. 88 Issue 9, p70 

    The article discusses U.S. taxation law in relation to charitable remainder trusts (CRTs) and the efforts to fix an impermissible split-interest trust in order to obtain an estate tax law-related charitable deduction as of 2015. America's Internal Revenue Code is examined, along with the...

  • Charitable giving should be part of estate plan. Brandon, Hembree // Western Farm Press Exclusive Insight;1/4/2012, p10 

    The article discusses the advantages of the inclusion of charitable giving into an estate plan. Willis Hobson, senior vice president of Hilliard Lyons Trust Company LLC, cited such advantages at the annual meeting of the Mississippi Farm Bureau Federation. He added that the U.S. government...

  • The Philanthropic Impact of ATRA. Sharpe Jr., Robert F. // Trusts & Estates;Mar2013, Vol. 152 Issue 3, p13 

    The article discusses charitable deductions in the U.S. and the impact of philanthropy on the American Taxpayer Relief Act of 2012 (ATRA) as of March 2013, focusing on itemized deductions, pre-tax income, and the tax deductibility of charitable gifts. The Pease amendment to the U.S. Tax Code,...

  • BEWARE WHEN DONATING CARS TO CHARITY. Moore, Curtis // Oklahoma Woman;Dec2011/Jan2012, p4 

    The article offers helpful information when donating cars to charity in the U.S., highlighting exceptions which allow donors to use the fair-market value (FMV) when claiming their income tax deduction.

  • A vital incentive.  // New Jersey Jewish News;5/23/2013, Vol. 67 Issue 21, p16 

    The author reflects on the dilemma being faced by the U.S. Congress on whether to retain, modify or eliminate the concept of charitable tax deduction in the country and further examines the consequences of any change in the deduction policy.

  • Spring cleaning? Dust off charitable gifts.  // Small Business Tax Strategies;Mar2014, Vol. 9 Issue 3, p5 

    The article reports that individuals who donate their used clothing, furniture, and toys to a charity are entitled to an income tax deduction based on the fair market value (FMV) of the property in the U.S.

  • The Final Frontier of Wealth Realization. Chu, Julia // Trusts & Estates;Feb2013, Vol. 152 Issue 2, p31 

    The article discusses wealth realization in America and provides practical tips for estate planners and attorneys on dealing with the philanthropic goals of clients as of February 2013, including information on charitable planning in the U.S. and tax liabilities in the wake of the passage of the...

  • Acts Approved by the President. Obama, Barack H. // Daily Compilation of Presidential Documents;8/20/2010, Special section p1 

    A list of legislative bills approved by U.S. President Barack Obama from January to August 2010 is presented, including the H.R. 4462/Public Law No. 111-126 on income tax benefits for charitable contributions for earthquake relief in Haiti, H.R. 1377/Public Law No. 111-37 on reimbursement of...

  • Lessons from the Tax Court: Charitable deduction up in smoke.  // Small Business Tax Strategies;Jun2012, Vol. 7 Issue 6, p4 

    The article discusses a district court case of taxpayers who donated a house to the local fire department for training purposes, which the U.S. Tax Court has denied to grant charitable deduciton.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics