LLM 325A

Tax Aspects of Charitable Giving

1 Unit(s)

This course will provide an in-depth analysis of income, estate, and gift tax issues arising in the context of gifts to charity. Basic rules of charitable giving, including analysis of contributions that will and will not give rise to tax benefits, permissible beneficiaries, limitations based on adjusted gross income and other considerations, valuation and substantiation will be presented. In addition, charitable giving techniques will be discussed, including charitable lead trusts, charitable remainder trusts, and bargain sales. Specific giving situations relevant to estate planning will also be covered. Recommended: Estate and Gift Taxation. (Offered through the LLM in Taxation and Estate Planning programs. JD students seeking to enroll must obtain the approval of the program director.)