Does that mean he is getting calls from clients asking him to delay their charitable plans?
When sold by insurance agents, charitable plans often involve buying life insurance or variable annuities.
We have people who come into my office and charitable planning is a big deal to them.
Instead, he pitched the VC a little-known charitable planning technique: using a charitable remainder trust to pay the charity and your ex at the same time.
And where once charitable plans were primarily about giving, they are now being promoted as tax shelters and investment products by insurance salesmen, stockbrokers, financial planners, lawyers and accountants.
Most millionaires and billionaires have some sort of charitable planning strategy that reduces their financial profile during life to minimize taxes and then gifts the remainder to a charity of choice on their passing.
A donation totalling £500,000 will be overseen by the charitable organisation Plan.
These days, a mere $10,000 is enough to establish a charitable giving plan that looks an awful lot like your own private foundation, but without most of the attendant paperwork and hassle.
Representatives of more than 200 charitable organizations plan to go door to door Wednesday on Capitol Hill to convince members of Congress that it would be a mistake to eliminate or reduce tax deductions for charitable donations.
Elissa Gootman (NYT) NEW JERSEY PLAINSBORO: STUDY ON UNINSURED The nation's biggest health care charitable foundation plans to spend $3.7 million on a study of the social and economic impact of the lack of health insurance among 43 million Americans.
