Complex Asset Giving

For those real estate investors who want to move their investment in physical  real estate to the easier passive world of real estate investment trusts (REIT), there is an unfortunate tax hit awaiting them. Using a 1031 exchange is not an option available to you. The IRS views REITs as securities, not real estate, and therefore 1031 exchanges do not apply. An UPREIT and Section 721 can prove to be a tax-savvy tool to turn real estate into better giving.

For those who want to exit the “landlord” business without a tax hit , using a Delaware statutory trust (DST) is ideal. If you are someone whose real estate holdings were tied up in a real estate investment trust (REIT), you may find your path toward charitable giving far easier to travel.

As real estate investors age, nearly one million seniors each year choose to divest of their rental properties, looking to simplify their lives and ease into a retirement that no longer involves the labor of property management. However, these investment properties may have been held for decades; these owners are likely facing a huge capital gains tax bite. Selling the property could incur 20-30% in federal & state taxes. A 1031 exchange can help remove that tax bite.

An intentionally defective grantor trust is a sophisticated tool in tax-savvy wealth transfer and long term charitable giving.

You need to understand the pluses and minuses of CRATs and CRUTs to decide which is the best choice for you.

By converting your existing IRA into a Roth IRA, you can eliminate the Required Minimum Distribution (RMD) process and give yourself the gift of time and choice: you decide when and how to make a charitable impact to the causes that are important to you.

Gold and other precious metals can be a great choice of giving for select donors and charities.

One of the more unusual means of charitable giving is the ability to access mineral rights & mineral royalties.

Cryptocurrency (aka “crypto”) has grown as a source of charitable giving, with nearly $2 billion donated to charitable causes globally over the last 5 years.

Real estate is one of the largest sources of wealth but one of the least used sources of charitable giving.

Thoughtful charitable giving and estate planning requires a decision on what type of legal structure to put in place to manage your giving in the present and on into the future. An irrevocable charitable trust may prove to be an ideal device. Understanding the benefits they offer and the differences between the two main types are an important part of the decision-making process. Which charitable trust is right for you? The Benefits of Charitable Trusts Charitable trusts provi

One of the more unusual means of charitable gifting is the ability to donate the value of a crop to support a favorite cause. Although clearly limited to farmers and other agricultural producers, this gift underscores the variety of ways that charitable good can be generated beyond sending a nonprofit a check or a transfer of marketable securities. For the unfamiliar, the process can seem cumbersome at first, but as long as several steps are taken in the proper order, a farme

Life insurance provides a surprising variety of ways to fund charitable giving.

Understanding the variety of alternative assets and their power in better giving.

Learn more about how the trapped value of private C- corp shares can be a source of smart tax planning and charitable giving.

It is estimated that nearly 5 million businesses in the US are legally identified as an S-corporation (S-corp.) This is a business that has filed with the IRS to be taxed under Chapter S of the Internal Revenue Code. There are several advantages as to why this choice would be selected: Pass-Through Taxation: Instead of the business paying a corporate income tax on profits, all income, losses, deductions and credits “pass-through” to the business owner on their personal tax r

For many donors interested in making an impact with their favorite causes may not realize the variety of means by which to give  beyond sending a check to their nonprofits of choice. However, there are numerous channels, financial instruments and assets available. Many “complex” assets can be utilized by a donor if they were only aware of the opportunity. A complex asset is a non-cash financial asset that cannot be easily turned into cash  or publicly traded. Examples include