Having Your Cake and Eating It Too: Charitable Annuities
June 23, 2017
Charitable gift annuities are a way to have your cake and eat it too, to some extent. Assume, for instance, that you want to give
Charitable gift annuities are a way to have your cake and eat it too, to some extent. Assume, for instance, that you want to give
As I sometimes explain to clients, in terms of Medicaid paying for long-term care, if they don’t get you coming, they’ll get you going. This
If you’re like me, your charitable giving is somewhat haphazard. It depends on what cause plucks at your heartstrings on a particular day, who is
Question: What are the differences between (d)(4)(A) and (d)(4)(C) trusts? Response: Similar to (d)(4)(A) or payback trusts described here, (d)(4)(C) or “pooled disability” trusts, permit
In addition to giving retirement plan bequests to charity, donors are often advised to give away stock or real estate that has appreciated in
As explained here, Medicaid would count the funds in most trusts you created for yourself or for your spouse as being available if either of
Charities often encourage donors to make gifts of retirement plans due to the tax benefits of doing so. Retirement plans, of course, are taxed when
Testamentary trusts can provide a way to have your cake and eat it too. Most planning to be eligible for Medicaid to pay for your
Most people who make charitable bequests are very specific about their beneficiaries and the amount of money they will give them. For instance, a will
While you can create a pet trust to set aside money to be used to care for your pet in the event of your incapacity