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Leveraging Generosity:
A Road Map
We’ll explore a "road map” to
help advisors and charities navigate the planning tools, strategies, and
techniques that will allow them to serve their clients and donors in a
tax-leveraged manner that will dramatically increase their capacity for giving
and generosity. We’ll examine four big picture areas of planning
opportunity that include the following:
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A planning approach
that will enable families to completely avoid estate taxes.
·
Helping families to
maximize their annual charitable deductions—50% of AGI for cash gifts, and 30%
of AGI for non-cash gifts.
·
Reducing or
eliminating capital gain and net investment income taxes upon sale of
appreciated assets.
·
Maximizing tax
benefits for Giving Champions—families that are giving at or beyond the maximum
30%/50% AGI deduction thresholds.
About the presenter:
Michael King, J.D.,
Vice President, Gift Planning Services serves as a charitable gift and estate
planning attorney with the National Christian Foundation (NCF). He works
closely with generous families sharing concepts and strategies that allow them
to leverage the impact of their giving by minimizing their income and estate
tax liabilities. In his role with NCF, Michael’s primary focus and expertise is
facilitating charitable gifts of "unusual” assets including closely-held
businesses, real estate, intellectual property, oil and gas interests,
collectibles, precious metals, etc. He also helps families to plan their
estates in a manner that dramatically increases their charitable giving, and in
most cases avoids estate tax completely—regardless of the size of their
estates. Prior to joining NCF in 2006, Michael spent over ten years with an
international tax and accounting firm, and a wealth management
firm/multi-family office. In these roles he counseled affluent families on a
broad range of wealth management issues including both financial and
non-financial aspects of wealth. Michael received his undergraduate degree in
finance from Penn State University, and his law degree from the U.C.L.A. School
of Law. Michael and his wife, Tammy, were high school sweethearts and have been
abundantly blessed with five children.
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