Renaissance
-
CharitablePlanning.com Author
Biography
Headquartered in Indianapolis, Renaissance Administration LLC (Renaissance) is the largest independent charitable gift services provider in North America. Renaissance currently supports nearly $6 billion of charitable planned gift assets under administration and 21,000 gift instruments. Our team has over 680 years of charitable gift experience and is focused on each individual client to provide impeccable service, a commitment to excellence, and continuous innovation. We have been serving institutions, financial professionals, and individual donors for over 27 years.
Commentary
Making Gifts to a Brother
-
This case study illustrates how a donor can use a gift annuity to provide a fixed income stream to a relative for life while at the same time reducing taxes and benefiting charity.
Sale of Farm Equipment
-
A CRT defers taxes upon the sale of farm equipment and provides cash flow to donors.
All Cash Merger
-
Contributing stock to a Flip Unitrust prior to a merger saves donors immediate capital gain taxes, provides an income tax charitable deduction, and increases future retirement income.
Increasing Lifetime Cash Flow with Annual Contributions to a CRT
-
Incentive Stock Options
-
Contributing low basis stock from an incentive stock option plan to a charitable remainder trust defers recognition of capital gain.
Donor Advised Fund Lets Couple See Charitable Benefits During Lifetime
-
This case study illustrates how a couple can use a donor advised fund to "test drive" a substantial gift to multiple charities.
Partnership Distributes Assets to Partners, Who Then Create CRTs
-
Planning for Gifts of Mortgaged Real Estate
-
A donor contributes a portion of her real estate holdings to a DAF, creating current tax deductions and providing a source of funds for her charities in years to come.
Using an LLC as a Double Discounting Tool with a CLAT
-
Using a FLIP Unitrust to Diversify
-
A Flip CRUT allows the donor to diversify assets, avoid capital gains tax, and defer the income stream.
DAF as Beneficiary of an IRA
-
IRAs are "toxic" assets in the sense that they are taxable as ordinary income to one's heirs for federal and state income tax purposes. If other assets are available, give the IRA to charity and the other assets, which typically are not taxable, to beneficiaries.
Using a Donor Advised Fund to Sell a Rental Home and Endow Charitable Gifts
-
A DAF allows a donor to avoid gain on the sale of an appreciated asset and to steward gifts to charity over time.
Stock Redeemed From a CRT
-
A charitable remainder trust defers taxes upon the redemption of stock, assists in the gradual phase-out of stockholders, and allows for gifts to charity.
Maintaining Full Value of Securities' Net Unrealized Appreciation
-
Donor Advised Fund Avoids Capital Gain and Endows Charitable Giving
-
Donors use a DAF to avoid capital gain on the sale of an asset, reduce income tax, and endow their charitable giving.
CRT as the Beneficiary of an IRA
-
Naming a CRT as an IRA beneficiary can provide an income stream for heirs, and may be one of the few ways to "stretch" the payout from an IRA over a beneficiary's life expectancy.
LLC Owned by a Flip-CRUT
-
By transferring highly appreciated stock to a Flip-CRUT, which creates a single-member LLC to hold the stock and other investments, taxpayers can control the Flip-CRUT's income flow, defer capital gains tax, and make gifts to charities.
Naming a DAF as the Charitable Beneficiary of a CRT
-
Designating a donor advised fund as the remainderman of a CRT maximizes flexibility.
Net Investment Income Tax and CRTs
-
A Donor contributes appreciated stock to a SCRUT to increase his future cash flow, further defer capital gain taxes, create an income tax deduction, and remove the stock from his taxable estate, but he is concerned about the impact the 3.8% net investment income tax ("NIIT") will have on him and the SCRUT.
CRT as the Beneficiary of an IRA
-
Naming a CRT as an IRA beneficiary can provide an income stream for heirs, reduce estate and income taxes, and make a gift to charity.
Making Grants to Foreign Charities-
A private foundation allows donors to contribute to foreign charities.