Article on Continuing Helping Clients Achieve Their Charitable Goals

Robert F. Sharpe, Jr. recently published an Article entitled, Adapting Longstanding Tools to Possible Changes: Continuing Helping Clients Achieve Their Charitable Goals, Tr. & Est. 62 (Jan. 2017). Provided below is a summary of the Article:

Insofar as philanthropic planning is concerned, 2016 was a year for debate on the future of charitable income tax incentives and the tax ramifications for private foundations, donor-advised funds (DAFs) and other charitable planning vehicles. 

During the lengthy presidential campaign, the major candidates proposed a number of tax reform plans that would serve to make charitable giving more or less attractive, depending on one’s income level, the amount and nature of their itemized deductions and other factors. Now that the dust has settled, here’s what we’re left with.