Webinar: Gifts That Eat: Treasures and Trials of Noncash Donations

On average, more than $46 billion of property is donated to charitable organizations each year, about 25% of the total charitable deduction. But the deduction for property has never worked well. The general rule allowing a deduction based on the fair market value of the property may have some intuitive appeal, but its implementation has yielded numerous exceptions and immense complexity.

Join us as we delve into stories and examples of noncash charitable gifts.  We’ll look at best practices for accepting gifts and what types of noncash gifts work well. We’ll explore how to plan useful gifts and avoid gifts that end up costing money and causing headaches.

Moderator:
Adam J. Miller, CFP, ElderAdo Financial, Montrose, Colorado

Panelists:

Susan Edwards Colson, Esq., CPA, EdwardColsonLaw, White Plains, New York
Jeff Gott, President, Senior Vice President, WaterStone, Colorado Springs, Colorado
Daniel Romano, CPA, Grant Thornton, New York, New York