Identify and explain how the charitable gift planning technique accomplishes the stated goals of the client
April 19, 2021 Comments Off on Identify and explain how the charitable gift planning technique accomplishes the stated goals of the client Uncategorized Assignment-help
Words: 228
Pages: 1
Subject: Uncategorized

Your assignment is to prepare a client letter recommending one charitable gift planning technique that you believe fits the client’s stated goals based on the fact pattern provided. In your client letter, you should: • identify and explain the recommended charitable gift planning technique, including a description of how the client would implement the technique (e.g., what documents might be needed) and what the income, gift or estate tax consequences of the technique may be to the client; • identify and explain how the charitable gift planning technique accomplishes the stated goals of the client, and if applicable, whether any stated goals of the client are not accomplished by the technique; and • identify and explain any potential disadvantages to the client from implementing the recommended charitable gift planning technique. Please note that you are required to (and will only be graded on) recommend only ONE technique. In reviewing the fact pattern, you may identify more than one technique that would be appropriate for the client, but you should only choose one to recommend for purposes of this assignment. Your recommended technique may include a combination of gift planning methods discussed in the course, such as creating a charitable remainder trust that benefits a private foundation created by the donor, but please be sure that your explanation covers all of the methods used to make up your recommended technique.