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Stupid Charitable Tricks: Planning Mistakes I Have Seen
Ramsay Slugg
Well-intentioned gifts to charity may produce unexpected bad results, for both the donor and the charity. Increasingly complex investment and compensation structures often disguise the true nature of an asset, leading to a reduced charitable deduction for the donor, and unexpected tax consequences for the charity. Learn how to recognize, and avoid, these problems.
Learning Objectives:
1. Review of basic income, estate and gift tax charitable deduction rules.
2. Review of basic planning structures.
3. How to identify and avoid planning mistakes given the complexity of financial products and investments, and compensation structures that are not always what they appear to be.