The other day I was running some errands and flipping through the radio. I stopped the dial once I heard the opening chords to “Band on the Run.” For those who are unfamiliar, this was one of the ...

Charitable gift annuities, an increasingly popular financial tool for investors seeking a reliable stream of retirement income, are getting riskier as some strapped nonprofit groups struggle to make ...

Property transferred in return for a charitable gift annuity could fall into the general definition of “debt financed property” in IRC Section 514(b)(1) because the charity acquires the gift subject ...

Responding to the troubled economy during the pandemic, a nonprofit umbrella group is recommending that charities reduce the amount of money donors receive in exchange for creating charitable gift ...

This holiday, consider making a gift that keeps on giving ... to you. It’s well-known that charitable contributions made before year-end can provide a tax deduction. But a charitable gift annuity (CGA ...

Planning Point: The IRS has released a sample provision that may be included in the documents governing the CRAT. The new sample provision provides for termination of the CRAT if an annuity payment ...

We're in a moment when more Americans are thinking about security, legacy and simplicity at the same time. A charitable gift annuity can check all those boxes. The key is making sure it's presented at ...

A charitable gift annuity is a contract between you and Jewish Federation of Metropolitan Chicago. You transfer property to Jewish Federation of Metropolitan Chicago. In exchange we pay you fixed ...

What Is a Charitable Remainder Trust? Charitable remainder trusts (CRTs) are a popular estate planning strategy for high-net-worth individuals and philanthropists looking to reduce their tax liability ...

A charitable gift annuity offers an interesting and beneficial option to the philanthropically-minded individual. Not only does this arrangement allow you to support your favorite charitable ...

Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The ...