Especially for people whose estates are potentially subject to federal or state estate taxes, lifetime gift planning is just as important as planning for death and incapacity. We can advise you on the most tax efficient ways to make gifts to charitable organizations or family members. We often employ techniques to leverage our clients' available gift tax exemptions such as the use of Grantor Retained Annuity Trusts, Family Limited Partnerships and Limited Liability Companies, or Qualified Personal Residence Trusts. We also provide our clients with various options for making charitable gifts that support organizations important to them while also providing considerable tax benefits.

Representative Experience

We helped a client to develop a tax efficient charitable giving plan wherein he will leave his estate to numerous charitable organizations. We customize such gifts to maximize value to the charitable organizations and minimize taxes, in this case using a combination of charitable trusts and outright gifts to endowments.

Tax-Efficient Gift Plan