By Tag · Charitable lead trust
-
3 (more) Biden tax proposals: Understanding potential changes to gift and estate taxes December 8, 2020
![3 (more) Biden tax proposals: Understanding potential changes to gift and estate taxes]()
This is the second of two posts in which we review several Biden tax proposals that would impact charitable planning by individual taxpayers. Today, we’ll touch on changes the taxes imposed when an individual transfers wealth to loved ones, whether as gifts during the owner’s lifetime or through their estate when they pass away -- gift and estate taxes. Continue Reading ➜
-
Historically low interest rates offer unique opportunities for charitable giving April 27, 2020
![Historically low interest rates offer unique opportunities for charitable giving]()
The unexpected onslaught of COVID-19 has produced many responses – including the Federal Reserve reducing interest rates to historic lows. One key interest rate — known as the IRS discount rate (or Internal Revenue Code section “7520 rate”) — directly affects the deduction value of certain types of charitable gifts. Continue Reading ➜
-
Is a charitable trust right for me? Part 2: non-grantor charitable lead trusts April 23, 2020
![Is a charitable trust right for me? Part 2: non-grantor charitable lead trusts]()
Charitable trusts can be a great way to support the causes you’re most passionate about while achieving your own financial goals. This is the second article in a three-part series addressing types of charitable trusts, including charitable remainder unitrusts, non-grantor charitable lead trusts, and flip charitable remainder unitrusts. Continue Reading ➜
-
Our Giving Story: Ron and Liane Nicol August 21, 2014
![Our Giving Story: Ron and Liane Nicol]()
Ron Nicol M.B.A. ’86 knows the value of a financial helping hand. Having grown up in a family of modest means, he paid for his undergraduate degree at the U.S. Naval Academy with a promise of five years of active duty. (He actually served seven.) Later, as a young father working in Lynchburg, Virginia, he commuted to Duke every weekend to earn his business degree—paid for by the G.I. Bill with a supplement from his employer. He credits his Duke education with helping him succeed at the Boston Consulting Group, where he is currently a senior partner and managing director. Continue Reading ➜
