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Abstract: 

Charitable gifts of non-cash assets have become an attractive option for donors. Such gifts offer advantages to donors and can be the basis of important estate planning techniques. But if not properly structured a non-cash gift may not meet its full potential. Taxpayers and their advisors must consider the tax code’s classification of the charity, the type of asset to be gifted, and the charity’s ultimate use of the gift.

Keywords: publicly traded securities; real estate; remainder interest; art; related use rule; fractional interest; retirement account balances; CRT, CRAT, CRUT

Affiliations:  1: Reed Smith LLP.