The Final Frontier of Wealth Realization

Chu, Julia
February 2013
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 American Taxpayer Relief Act of 2012. The adjusted gross income (AGI) of taxpayers is addressed, along with charitable deductions, due diligence, and tax-exempt status under U.S. tax laws.


Related Articles

  • 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...

  • Research finds disconnect in discussions about charity.  // Journal of Business (10756124);10/24/2013, Vol. 28 Issue 22, pC4 

    The article focuses on the Study of the Philanthropic Conversation conducted by New York-based private bank U.S.Trust Corp., according to which several advisers underestimate the desire of their clients to discuss their charitable goals and the importance of tax benefits. According to Claire...

  • The Prevalence and Best Practices of Mega Gifts. Chu, Julia // Trusts & Estates;Nov2015, Vol. 154 Issue 11, p9 

    The article focuses on the need of steps to be taken for making substantial donations. It mentions that timing, amount and underlying assets of the donation yield the optimal tax for income tax deduction and transfer tax purposes, need to propose the gift agreement and need to avoid the...

  • Giving to religion down slightly, report says.  // Christian Century;7/17/2019, Vol. 136 Issue 15, p16 

    The article discusses a report by the organization Giving USA on charitable donations to U.S. religious organizations. Topics include the relation of online giving to religious organizations to overall online giving the impact of the U.S. Tax Cuts and Jobs Act on itemized tax deductions for...

  • Guidance on substantiating charitable contributions.  // Practical Accountant;Feb97, Vol. 30 Issue 2, p22 

    Discusses the provisions of final regulations (TD 8690) concerning guidelines for the allowance of certain charitable contribution deductions in the United States, effective December 16, 1996.

  • Clock ticking on stock gifts to foundations.  // Long Island Business News (7/1993 to 5/2009);05/12/97, Vol. 44 Issue 19, p3 

    Announces the deadline for applying full tax deductions on charitable contributions of marketable stocks. Restriction of the amount of deduction according to the basis in the stock gift after the expiration date of the benefit.

  • Charitable contributions--deductible or not?  // Association Management;Sep95, Vol. 47 Issue 9, p9 

    Reports on the US Internal Revenue Service's proposed regulations that provide guidance on the allowance of certain charitable deductions.

  • Giving appreciated stock can be less costly than cash. Ellentuck, Albert B. // Nation's Business;Apr94, Vol. 82 Issue 4, p78 

    Provides information on giving appreciated stock to charity. Advantages over cash; Sample calculation; Saving of tax on capital gain.

  • Give yourself a gift by giving away that white elephant. Mangan, Doreen // Medical Economics;5/28/96, Vol. 73 Issue 10, p101 

    Gives advice to physicians on how to achieve tax deductions through the donation of a hard-to-sell building, laboratory or practice to a non-profit organization. Experience of a group of physicians who had to dispose of a hospital which was costing them on mortgage and maintenance; Partial sale...


Read the Article


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

Try another library?
Sign out of this library

Other Topics