Charitable Planning

Overview

This CPE course can be purchased individually or as part of the Estate Planning Certificate Program.

As the personal financial planner, you must have a clear understanding of the terminology associated with charitable giving and a broad knowledge of the charity "industry" to educate your clients and help them fulfill their altruistic desires while, at the same time, making tax? and estate-wise decisions.

Updated for the Tax Cuts and Jobs Act (TCJA) of 2017, this CPE course covers:

• Charitable transfers
• Charitable trusts
• Charitable planning vehicles applicable to estate and gift planning

This course also covers IRC Section 170, which allows for a deduction from income for any qualified charitable contribution made within the taxable year. This section of the IRC, as well as its enforcement, has become the genesis for an entire industry.

Enhanced On-Demand Format

This enhanced on-demand format offers meaningful and relevant content in the form of tables, charts, and discussion points on slides. An instructor who is an expert on the topical area breaks down complex topics, offers best practices, provides clarity, and shares insights that help the learner achieve the learning objectives for the course.

Highlights

Key Topics

• Charitable gifts
• Charitable trusts and planning tools
• Tax planning and integrating charitable planning with the financial plan

Prerequisites

Basic knowledge of the areas of personal financial planning (PFP)

Objectives

Learning Outcomes

• Identify organizations that qualify for public charity status.
• Select the type of ownership in real property that is not conducive for gifting to a charity.
• Determine which type of property qualifies as a charitable contribution of ordinary income property.
• Identify a testamentary charitable gift.
• Determine the type of charitable lead trust that uses a fixed percentage payout to calculate the variable amount sent to the charity each year.
• Select which charitable vehicle is maintained and operated by an IRC Section 501(c)(3) organization.
• Identify the type of charitable organization that limits an individual's charitable deduction to 30 percent of his or her adjusted gross income.