Legal Track Session #3
Charitable Income Tax and Estate Planning Strategies
Conrad Teitell, Cummings & Lockwood>>

This session will cover the following:

• Taking the current tax and pandemic climate into account

• Charitable remainder trusts provide life income, capital gains savings and tax benefits NOW for assets that pass to charity at death

• Remainders in personal residences give clients tax benefits NOW for the property that goes to charity at death

• Charitable lead annuity trusts (CLATs) for fat cats: Section 7520 rates are low

• Charitable gift annuities for skinny and average-size cats

Legal Track