In good economic times, it may make relatively little difference if an estate or trust distribution takes 12 months, 24 months, or even somewhat longer. In lean times, however, when funding may be harder to come by, the process of making certain estate gifts are distributed in their totality and in a reasonable amount of …Read More

An analysis of split-interest trust returns recently published by the Internal Revenue Service Special Studies Special Projects Section provides useful insight into the state of charitable trusts in America. Provisions of the Pension Protection Act of 2006 resulted in significant revisions to IRS Form 5227, the informational return required to be filed each year by …Read More

Even in the face of reported declines in overall fund raising, it should not be surprising to find that bequests remain a relatively reliable source of income and continue to represent a significant percentage of total funding for many organizations. In fact, in both good years and bad, many of the largest charitable gifts take …Read More