Charitable Planning & Philanthropy Webinar

To provide CPAs, accountants, and tax professionals with the technical insights, trust-structuring frameworks, and compliance knowledge needed for incorporating charitable intentions into the estate planning process.

• Incorporating charitable intentions into estate planning
• Specific types of charitable trusts
  – Charitable Remainder Trusts (CRTs)
     • CRT structure and requirements
     • CRATs and CRUTs
     • Considerations
  – Charitable Lead Trusts (CLTs)
     • CLT structure and requirements
     • CLATs and CLUTs
     • Grantor or nongrantor
     • Considerations
     • Filing requirements

Jeremy Mertens, Tax Managing Director, Private Client Services, BDO

Jeremy Mertens is a highly motivated, experienced tax director, focused on utilizing a team approach to handle clients and engagements. With over ten years of experience in the field of income tax, he offers the ability to analyze a client's particular situation from a practical approach. Further, having a legal degree with a concentration in tax and estate planning, he possess the requisite skills needed to complete complex income tax research that is necessary to understand various aspects of the income tax world.

To provide CPAs, accountants, and tax professionals with the technical insights, trust-structuring frameworks, and compliance knowledge needed for incorporating charitable intentions into the estate planning process.

DETAILED LEARNING OBJECTIVES

• Explain the availability of an unlimited estate-tax charitable deduction for property passing to a qualified charity

• Identify retirement accounts and other IRD assets as potentially tax-efficient sources for satisfying charitable bequests

• Apply the minimum 10% charitable-remainder-interest requirement to a charitable remainder trust

• Calculate conceptually how a CRUT’s annual payment is based on a fixed percentage of the trust’s annually determined value

• Explain the potential capital gains benefits of contributing appreciated, low-basis assets to a charitable remainder trust

• Describe the income tax treatment of a charitable lead trust structured as a nongrantor trust

• Identify appreciating or income-producing assets that may be suitable for funding a charitable lead trust

• Explain the tax consequences when a charitable remainder trust earns unrelated business taxable income

• Incorporating charitable intentions into estate planning
• Specific types of charitable trusts
  – Charitable Remainder Trusts (CRTs)
     • CRT structure and requirements
     • CRATs and CRUTs
     • Considerations
  – Charitable Lead Trusts (CLTs)
     • CLT structure and requirements
     • CLATs and CLUTs
     • Grantor or nongrantor
     • Considerations
     • Filing requirements

Jeremy Mertens, Tax Managing Director, Private Client Services, BDO

Jeremy Mertens is a highly motivated, experienced tax director, focused on utilizing a team approach to handle clients and engagements. With over ten years of experience in the field of income tax, he offers the ability to analyze a client's particular situation from a practical approach. Further, having a legal degree with a concentration in tax and estate planning, he possess the requisite skills needed to complete complex income tax research that is necessary to understand various aspects of the income tax world.