Tales from the Charitable Crypt – Learning from the Mistakes of Others to Avoid Unnecessary and Unpleasant Consequences when Making Charitable Gifts
Charles “Skip” D. Fox ’75, Partner, McGuireWoods
One would think that making gifts to Princeton or any other charity should be simple. However, the federal tax laws governing charitable giving are anything but simple. The failure to comply with these tax laws can cause donors to lose the income tax charitable deduction for gifts made during life or the estate tax charitable deduction for gifts made at death. This webinar session will examine mistakes made by others in making charitable gifts so that your charitable gifts go to charity and you get the full charitable deduction to which you are entitled.
Skip Fox, a former chair of McGuireWoods' Tax and Employee Benefits Department and of the Private Wealth Services Group, is an influential voice in shaping U.S. estate tax policy and legislation, having worked for more than 25 years with groups interested in reforming the federal tax system. His focus is estate planning, estate administration, trust law, and charitable organizations. He recently completed a term as president of the American College of Trust and Estate Counsel (ACTEC) and is an adjunct professor at the University of Virginia School of Law. Skip serves on the faculty of the National Trust School and the National Graduate Trust School, where he has taught many of the leaders of trust organizations throughout the country for over 30 years. He has been a member of the editorial board of Trusts & Estates and chaired the board of Trust & Investments, two leading industry publications. He has written or co-written seven books and numerous articles for many different publications. He has co-presented the American Bankers Association’s monthly teleconferences on trusts and estates topics since 2000 and co-wrote a monthly column on tax subjects for the ABA Trust newsletter for 18 years.