gift Archive

8 Jun 2017

Shh! Don’t Call it a “Charitable” Strategy

Advanced charitable strategies like charitable remainder trusts (CRTs) are one of the few remaining ways that individuals can lower their taxes significantly if the circumstances fit.  So why aren’t CRTs and other similar strategies more widely used?
19 Jan 2017

Why Charities Should Sue Donors’ Estates (Or At Least Consider It) To Collect on a Gift

When a significant donor passes away, the organizations that donor supported mourn the loss, express gratitude for the donor’s generosity, and move on.  Except when they don’t.
30 Sep 2015

When Giving Feels Right: I Second That Emotion

There are some songs that, when I hear them, immediately make me well up with emotion for various reasons: Super Trouper by ABBA (killer harmonies always get me); the entire Travis album The Man Who (reminds me
3 Aug 2015

Enforceable Gift Pledge Redux: Foundation Suing Donor’s Estate

In my last post, I wrote about the pros and cons of signing an enforceable gift pledge.  Now comes word of a case in California involving a gift pledge that was rescinded.
16 Jul 2015

Should You Sign an Enforceable Gift Pledge?

Charities love them.  Donors, not so much.  The enforceable pledge is a double-edged sword, with advantages and disadvantages to charity and donor alike. As a generous donor who is bound to be solicited for a major gift