CLE on Use Restrictions on Gifts

The National Business Institute is sponsoring a 90-minute teleconference on June 16 entitled Use Restrictions on Gifts. The program description is below:

Optimize Your Use of this Essential Asset Planning Tool

This legal guide will help you maximize the effectiveness of the asset transfers and accurately execute the clients’ wishes by narrowing down the specific purpose of each gift. Clarify and contest use provisions more effectively – register today!

• Review common intended and prohibited uses of gifts and explore enforceability of such restrictions.
• Structure conditional gifts properly to ensure intended use and minimize tax burdens.
• Learn how use restrictions on a charitable donation can render the money unusable by the receiving organization and how to prevent such situations.
• Get straightforward tips for the most advantageous gift wording.