Charitable Giving - Idaho Estate Planning

Gifting and Taxes

with Mark Wight

  • 2 May 2019
  • Author: IEP Team
In this week’s episode, Mark Wight helps us navigate the complicated relationship between gifting and taxes. Leaning on his years of experience, Mark advises us on what to do and what NOT to do when it comes to gifting and avoiding the extra taxes that can come with gifting. ...

Idaho Estate Planning - Charitable Remainder Trusts

Nearly four decades after his death, Detroit businessman Dick E. Morand is giving to the causes close to his heart. Leave A Legacy, Southeast Michigan, a program of the Planned Giving Roundtable of Southeast Michigan, recently announced a $13 million planned philanthropic gift from Morand that...

Idaho Estate Planning - Many Benefits of Charitable Giving

Lifetime gifts may carry considerable advantages over charitable bequests. "One interesting aspect of lifetime giving is that you get to see your donation in action, even if you prefer to do so anonymously," says Linda S. Beerman, chief fiduciary officer for Atlantic Trust. "Even the less...

Idaho Estate Planning - Charitable Gifts, It's All About the Timing

Charitable giving season is here! And there are tax considerations that go along with this time of giving.For tax purposes, a charitable gift is deemed made on the day the gift was delivered to the charity. This has important implications in tax law as it determines what laws apply.If you are...

Idaho Estate Planning - Charitable Giving Bill Gates Style

Leaving an ongoing charitable legacy is not just for the wealthy. You do not need to be Bill and Melinda Gates with a foundation that gave away $3.6 billion last year. Foundations offer trustees greater control over investing and distribution of gifts, but they can be expensive to create and...