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Creative Planning Using Charitable Strategies

CREATIVE PLANNING USING CHARITABLE STRATEGIES

Cost Free
Presentation Length 1.0 hour

Recorded DateSeptember 28, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

One of the staples in a professional's planning arsenal for high-net-worth and ultra-high-net-worth individuals is charitable planning. Most wealthy families are charitably inclined, and the Internal Revenue Code provides a litany of options for clients looking to leverage tax and financial benefits from their philanthropic activities.

This program will review the techniques available for charitable planning, describe the tax laws (and some non-tax laws) governing those methods, and illustrate examples of how to use the tools to maximum advantage. The concepts covered in this webinar will include donor-advised funds, private foundations, charitable split-interest trusts, and the coupling of these vehicles with non-charitable strategies to combine for more powerful outcomes. We will strive to cover the basics, but some prior non-tax knowledge of charitable techniques would be preferred.

Learning Objectives:


  • Identify various charitable giving strategies and their outcome on tax planning for high-net-worth clients

  • Evaluate options provided in the IRC for leveraging philanthropy for tax-related benefits

  • Give examples of tools to accomplish the optimal tax planning advantage for eligible clients

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Matthew E. Rappaport concentrates his practice in Taxation related to Real Estate, Corporations, Partnerships, and Trusts & Estates. He advises clients regarding tax planning and structuring for generational wealth transfer, commercial real estate enterprises, business transactions, and cross-border considerations. He primarily advises real estate professionals, financial professionals, and closely-held business owners. He also functions as a subcontractor for other attorneys, accountants, financial advisors, bankers, and insurance professionals when they encounter matters requiring a threshold level of tax law expertise.

Mr. Rappaport graduated from Washington University in St. Louis in 2007, cum laude, with an undergraduate degree in Political Science. His undergraduate thesis was a cross-sectional analysis of the corporate culture of the privately held financial firm Edward Jones. He received his Juris Doctor and Master of Laws in Taxation from Georgetown University Law Center in 2011. Mr. Rappaport is licensed to practice in New York. He is an active member of the Nassau County Bar Association, the New York State Bar Association, and the American Bar Association. He was the Co-Vice Chair of the Tax Committee of the Nassau County Bar Association from June 2015 until June 2016.

He serves on the Sales, Exchanges, and Basis Committee of the American Bar Association Section of Taxation. Mr. Rappaport has authored articles for the Nassau Lawyer, Thomson Reuters’ Journal of Real Estate Taxation, The Tax Adviser, Bloomberg BNA’s Tax Management – Real Estate Journal, and the Journal of Taxation of Investments. He has spoken at the request of the American Bar Association, the National Conference of CPA Practitioners, the Financial Planning Association, Strafford Publications, the School of Accounting at LIU Post, and a wide variety of law, accounting, and wealth advisory firms. He is a founder of the young professionals networking group Hydra Collective.

About Our Presenter

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Matthew E. Rappaport concentrates his practice in Taxation as it relates to Real Estate, Corporations, Partnerships, and Trusts & Estates. He advises clients regarding tax planning and structuring for generational wealth transfer, commercial real estate enterprises, business transactions, and cross-border considerations. He primarily advises real estate professionals, financial professionals, and closely held business owners. He also functions like a subcontractor for other attorneys, accountants, financial advisors, bankers, and insurance professionals when they encounter matters requiring a threshold level of tax law expertise.