It requires a keen eye to spot unintended negative consequences of a well-meaning client’s charitable giving strategies! This winter, we suggest you take note of three cautionary tales:
- Clients can no longer “hide” with confidence behind a so-called blocker LLC to avoid sticky self-dealing rules when a note is transferred to a private foundation as part of a tax-savvy charitable estate planning structure.
- Although rarely imposed, intermediate sanctions on excess benefits are a real thing if a disqualified person attempts to use influential muscle to access financial resources.
- Conservation easements–especially those of the syndicated variety–continue to land on the hot seat.
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We can help your clients give strategically, intentionally, purposefully and EASILY, while also helping them to maximize their tax savings. Give us a call at 717.236.5040 or email us at firstname.lastname@example.org.