Charitable giving has long been a vital part of wealth management. While the humanitarian and moral aspects of private philanthropy have been its primary motivating forces, the tax benefits that reduce the cost of that philanthropy have increased in importance as our tax system has grown in complexity and scope. Take advantage of both the present and future tax-saving opportunities associated with outright and deferred charitable giving strategies with the guidance provided in Tax Economics of Charitable Giving.
You’ll be able to:
- See the tax considerations and strategies involved with the making of charitable gifts by individuals
- Understand the complex rules associated with the claiming of the income tax charitable deduction
- Take advantage of complete and comprehensive advice for both expert and lay advisors to donors, charitable organizations, and fundraisers
- Compare and understand both present and deferred charitable transfer strategies and vehicles (such as trusts)