Rethinking the Toolbox: Charitable Giving with Noncharitable Trusts

SKU: EPP2600

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About This Course

Charitable giving through trusts has become an increasingly important planning strategy, offering opportunities to achieve philanthropic objectives while addressing complex income tax and estate planning considerations. However, evolving IRS guidance, heightened scrutiny of the Internal Revenue Code Section 642(c) deduction, and recent tax law developments require trustees and practitioners to carefully evaluate available planning options.

This CLE course examines the practical use of charitable distributions from trusts, including the requirements and limitations of the Section 642(c) deduction, common compliance pitfalls, and strategies for maximizing tax efficiency.

The program will also explore alternatives for trustees and beneficiaries seeking to incorporate charitable giving into existing and newly created trusts, whether to manage trust income, adapt to changing family circumstances, or support long-term philanthropic goals.

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