Dr. Russell James Texas Tech University. * We aren’t talking about 3 extra basis points on a comparable risk- adjusted portfolio here…

Slides:

Advertisements

Similar presentations

You are part of the Rotary Family

Advertisements

You are part of the Rotary Family Be a part of it forever.

Timing and Elements of a Charitable Gift Dr. Russell James Texas Tech University.

Using Life Insurance in Charitable Planning Russell James, J.D., Ph.D., CFP®, Director of Graduate Studies in Charitable Planning, Texas Tech University.

Dilemma: How to get maximum value from a highly appreciated asset - i.e. NOT LOSE A LOT TO TAXES!

BASICS OF PLANNED GIVING NATIONAL CONFERENCE OF BAR FOUNDATIONS Payson S. Wild, Jr., CFRE President – Wild Associates, Inc. James Provenza, JD Provenza.

Russell James, J.D., Ph.D., CFP® Director of Graduate Studies in Charitable Planning, Texas Tech University.

Crafting The Memory A brief look at estate planning… Welcome to Dave’s presentation on the wise use of your assets later in life Dave Sharp, B.Sc.; CFP;

Donor CRT Charity Initial Transfer Anything Left at Death Payments During Life Charitable Remainder Trusts Dr. Russell James Texas Tech University.

Donating Retirement Assets

Philanthropic solutions using Insurance & Annuities Produced in part by- Brenda McEachren Presented by: B.Comm,LLB, TEPDiana Frizell CFP Frizell & Co.

Overview and Magnitude

Is Single Premium Life Right For You? Availability may vary by state. Forms #3UBJ05 & 3EBJ05. Products issued by and all policy benefits are the responsibility.

You are part of the Rotary Family Be a part of it forever.

Taxation of Charitable Gift Annuities Russell James, J.D., Ph.D., CFP® Associate Professor Director of Graduate Studies in Charitable Planning Texas Tech.

Converting Physical Assets to Cash Using Auctions to Boost Revenue.

Planned Giving Vehicles and more… Caroline J. Punches, CFRE Director of Development San Jose State University Library voice;

1/1/2015 1/1/2014 1/1/2013 1/1/2012 1/1/2011 Donor 5,000 Five Thousand and no/100 Charity Charitable Gift Annuities Russell James, J.D., Ph.D., CFP® Texas.

Introduction to Risk and Return

Trusts  Why establish a trust? Avoid probate Manage assets if incapacitated Manage assets for children Protection from creditors; charming-exs Not to.

Personal Income Tax Mary B Pearson, CPA Assistant Professor of Accounting.

Leveraging an Annuity with Life Insurance Is this solution right for you? Review your current financial needs and goals. Questions to consider include:

Charitable Trusts Important Estate and Tax Planning Tools.

Planned Giving. AFSP’s Lifesaver’s Society Our Lifesavers Society allows you to leave AFSP a planned gift. Planned giving ensures that your donation goes.

T A C I T A strategy for minimizing taxes on appreciated assets T ax deduction for you A void capital gains C haritable contribution I ncome for life or.

Donor CLT Charity Initial Transfer Anything Left Over Payments for Life/Years Charitable Lead Trusts Donor’s heirs Dr. Russell James Texas Tech University.

Planned Giving – An Essential Fundraising Vehicle Michele Thomas Dole, MS, CFP ® Faculty, The Fund Raising School.

15-1 Individual Tax Consequences of Investment Activity  Timing issues in income recognition  Expenses related to investment activity  Tax basis of.

You are part of the Rotary Family Be a part of it forever.

Week 10 DIFD 321 Accounting & Finance. WHAT IS MARKETING? The action or business of promoting and selling products or services, including market research.

Welcome. Workshop Objectives Introduce Introduce Educate Educate Illustrate Illustrate.

CAGP-ACPDP Conference Planned Giving Presentation ROBERT KLEINMAN FCA Mr. Prospect Thursday, May 13, :30am.

Presentation by: John C. Scibek, CSPG Senior Director, Planned Giving Fred Hutchinson Cancer Research Center How to Do Planned Giving When Planned Giving.

Personal Financial Planning Oliver Princep Senior Lecturer in Accounting and Finance.

Valuing charitable gifts of property: How much deduction? Russell James, J.D., Ph.D., CFP® Director of Graduate Studies in Charitable Planning Texas Tech.

Live On Board Briefing and Update. Goals Strengthen 28 Jewish organizations by helping them build endowment through bequests Develop institutions’ skills.

LUTHERAN COMMUNITY FOUNDATION Roth IRA Conversion Opportunities through Charitable Giving

Planned Giving Thomas P. Holland, Ph.D., Professor UGA Institute for Nonprofit Organizations Kelly C. Holloway, Attorney Fortson, Bentley & Griffin.

The “Legal Side” of Retirement in a Box Wills Lasting Powers of Attorney - Financial & Property Affairs - Personal Welfare Nursing Home fees Tax.

Minimizing Taxes. Reducing Taxable Income (Before AGI)  Retirement 401(k) - Offered through employer & IRA - Individual Retirement Account  Contribute.

Planned Giving for Libraries Prepared by Christine Graham.

Five Threats to Your Retirement Security. Five Major Threats Outliving Your Money Effects of Inflation Investment Performance Excessive Withdrawals Healthcare.

Bequests: Defining your Legacy March 29, 2011 Prepared for the CLL by Lisa Radetski, Director of Individual and Planned Giving.

1 Katrina Emergency Tax Relief Act of 2005 Effect on Charitable Contributions James E. Connell FAHP, CSA Connell & Associates Charitable Estate and Gift.

Russell James, J.D., Ph.D., CFP® Director of Graduate Studies in Charitable Planning Texas Tech University.

Investment Opportunities in Today’s Real Estate Market C & C Financial Services, Inc.

Estate Planning: Concepts and Strategies

© 2007 ME™ (Your Money Education Resource™) 1 Estate Planning for Financial Planners Chapter 9: Charitable Giving.

Taxable private wealth-investment management issues Jakub Karnowski, CFA Portfolio Management for Financial Advisers.

Charitable Uses of Life Insurance Chapter 28 Tools & Techniques of Life Insurance Planning  What is it?  Transfer of cash, or other property to.

Asset Reposition C haritable A sset R epositioning E state Plan WEALTH REMAINDER TRUST (OPTIONAL) CHARITY CHARITABLE REMAINDER TRUST Income For Life Charity.

The Art of Lasting Philanthropy. The National Community Foundation Environment  Over 700 Community Foundations throughout the United States  Giving.

Business and Marketing Accounting and Finance Unit VOCABULARY.

McGraw-Hill/Irwin ©The McGraw-Hill Companies, Inc., 2002 Principles of Taxation Chapter 15 Investment and Personal Financial Planning.

RETURNING TO THE UK? Planning, Pensions & Pitfalls Presentation to the 1818 Society Dr Peter H Dinsdale, World Bank Retiree Steve Danson FPFS, Chartered.

CHAPTER 6 NOTES. Statement savings account: savings account where the depositor receives a monthly statement showing all transactions. Money market deposit.

Charitable IRA Portfolio About the law IRAs available for tax-free lifetime gifts Donors must be 70½ Up to $100,000 per IRA holder per year Provision.

Rebecca E. Dupras, Esq. Vice President of Development Silicon Valley Community Foundation Gifts that Give Back.

Charitable Remainder Trusts presented by Tim Mezhlumov, EA, CFP, CLU, CFS, CLTC.

Glossary of Key Planned Giving Terms Bequest A gift received after death generally received through a donor’s will or other estate- planning document (such.

What’s Working Today and What’s Coming Tomorrow New Results from the Lab and the Latest Demographics in Planned Giving Professor Russell James III, J.D.,

FIN 420 Week 5 DQ 2 Consider your current financial plan. Based on what you have learned about your financial goals, risk tolerance, and risk and return.

Could President Trump’s Estate Tax Proposals Impact Charitable Giving?

Financial Planning For Individuals

Gift of IRA IRA During Life: after age 70 ½

Elliot dole, ea, cfp® wealth advisor

Revamping How We Think About and Analyze Gift Planning Options

Tax Control Triangle After Tax After Tax Before Tax

Top 10 Charitable Trends, Sins and Ethical Conundrums

Beyond Cash: Donor friendly gift options

Presentation transcript:

Dr. Russell James Texas Tech University

* We aren’t talking about 3 extra basis points on a comparable risk- adjusted portfolio here…

A couple wants to sell their $10 million low-basis business, invest in securities returning 5%, withdraw 5% per year, then at death leave half to children and half to charity Without sophisticated charitable planning they Receive no INCOME TAX deduction Pay all CAPITAL GAINS TAX on the business sale Receive less lifetime income Pay ESTATE TAXES taking half or more of the children’s inheritance With sophisticated charitable planning (CRT-ILIT) they can Receive an immediate INCOME TAX deduction Pay no CAPITAL GAINS TAX on the business sale Receive more lifetime income Make their children’s inheritance 100% ESTATE TAX free

4. Yes, you can even make money doing it Did I mention that last transaction involves the sale of a $5,000,000+ life insurance policy?

(Here is a hint…)

Owned: Asset depletion from consumption DAF: Asset depletion from transfers

7. Make a difference, not just a dollar Knowledgeable financial planners can effectively encourage generosity and consequently profoundly affect on our world.

Help me HERE convince my bosses that continuing to build and post these slide sets is not a waste of time. If you work for a nonprofit or advise donors and you reviewed these slides, please let me know by clicking

If you clicked on the link to let me know you reviewed these slides… Thank You!

For the audio lecture accompanying this slide set, go to EncourageGenerosity.com

Photos from istockphoto

This slide set is from the introductory curriculum for the Graduate Certificate in Charitable Financial Planning at Texas Tech University, home to the nation’s largest graduate program in personal financial planning. To find out more about the online Graduate Certificate in Charitable Financial Planning go to To find out more about the M.S. or Ph.D. in personal financial planning at Texas Tech University, go to Graduate Studies in Charitable Financial Planning at Texas Tech University