Is the charitable deduction doomed? The absence of the threatened dollar cap on charitable income tax deductions (other than the return of the “Pease Limitation”) may be the most significant impact of ATRA 2012 on charitable gift planning and charitable giving. Read Mary's perspective here.
Jeffrey Dible, esq., presented his perspective on ATRA to CICF's Leadership Councils. His updated presentation is available to download.
With the continued uncertainty in the future of the tax laws, financial markets, and the effects of the Presidential election, your clients still have unique opportunities to take advantage of the favorable tax laws in 2012 with charitable contributions.
There are many ways to effectuate gifts for the benefit of family members. But TRA 2010 could make some more viable for your clients than others - but only for a very limited time.
Featuring estate and charitable planning experts and popular Heckerling Institute speakers, Kathryn Miree and Turney Berry with local estate and charitable planning expert and moderator for this event, Eric Manterfield.
CICF's response to a recent New York Times article
As advisors, the lure of a good story is a well deserved antidote to a day of fruitful, yet crushing detail of investment research, the nuances of trusts, the complexity of the tax code, or the multiplicity of life insurance arrangements. Rarely are we afforded the opportunity or privilege to step into our clients' lives and their own personal narratives to help guide and nurture.