Coping with Wrenches in the Charitable Giving Toolbox
- The Rich Are Different. // Atlantic;Oct2003, Vol. 292 Issue 3, p48
This article reports that wealthier individuals give a smaller percentage of their income to charity than the less well-off. Death is the only time the rich give more, though that may be spurred more by the estate tax than generosity. Researchers predict that rolling back the estate tax will...
- Survey: Charitable Giving Grows in 2003. Jacobs, Leonard // Back Stage;7/2/2004, Vol. 45 Issue 27, p5
The robustness of American philanthropy is often viewed as a key measure of the economy's overall strength. So the results of" Giving USA 2004," an annual survey conducted by the American Association of Fundraising Counsel's Trust for Philanthropy, seem to suggest that largesse by individuals,...
- It's better to give and receive benefits. Bradford, Lance // Las Vegas Business Press;3/24/2003, Vol. 20 Issue 12, p13
Focuses on the use of charitable family limited partnerships (CFLiP) as a tool for income tax reduction and estate tax planning in the U.S. Contributions to charitable organizations under the CFLiP program; Benefits of CFLiP.
- Using qualified plans for charity. Eisenberg, Howard L. // LAN: Life Association News;Sep98, Vol. 93 Issue 9, p130
Emphasizes the importance for life insurance agents to allocate the qualified plan benefits into charitable trusts to reduce the rich clients' estate-tax problem. Need for agents to know about the complex areas of tax law; Usage of the qualified plans and individual retirement accounts as...
- Donations to trust. Reiner, Eric L. // Colorado Business Magazine;Nov98, Vol. 25 Issue 11, p12
Focuses on the use of charitable remainder trust (CRT) to turn assets into retirement income and lower estate taxes in the United States. Reinvestment resulting from the contribution of stocks to CRT; Hard costs of CRT; Government rules on the use of trusts.
- Plan on giving. Van Hyfte, Lynn; Davidson, Ian // CA Magazine;Nov96, Vol. 129 Issue 9, p23
Reports on the importance of advance planning in considering options for charitable donors to minimize estate taxes while contributing to society. Role of chartered accountants in wealth transfer; Promotion of planned giving by charities; Donors' options when deciding on what to give;...
- Stock Surge Boosts Interest In Charity Plans. Thomas, Trevor // National Underwriter / Life & Health Financial Services;9/6/99, Vol. 103 Issue 36, p10
Looks at the growth of charitable remainder trusts in the United States. Gains of charitable trusts between 1994 and 1997; Factors driving the growth; Implications on financial planners.
- September 11: More Effective Collaboration Could Enhance Charitable Organizations' Contributions in Disasters: GAO-03-259. // GAO Reports;12/19/2002, p1
Surveys suggest that as many as two-thirds of American households have donated money to charitable organizations to aid in the response to the September 11 disasters. To provide the public with information on the role of charitable aid in assisting those affected by the attacks, GAO was asked to...
- Don't Forget the "Why". Peebles, Laura H. // Trusts & Estates;Apr2014, Vol. 153 Issue 4, p10
The article discusses philanthropy and charitable planning in America as of April 2014, focusing on an analysis of a donor's charitable motivation in relation to a family's establishment of a private foundation. The differences between the charitable deductions for individuals and trusts are...