09.27.2023 - iCLATs
A Sequel on iCLATs: A Strategy for Annual Givers with Immediate Tax Benefits
Presented by Brad Gornto, JD, LL.M,
This webinar featured the return of estate planning attorney Brad Gornto, LL.M, Esq. for a case-study driven discussion of reversionary Charitable Lead Annuity Trusts (a.k.a. "iCLATS"). iCLATS can lower the tax liability for anyone who commits to annual charitable giving of $10,000 or more. This strategy is well suited for anyone who has experienced a spike in income resulting from any number of reasons; bonus, sales of business, Roth conversions. Or it can provide beneficial for those on the cusp of retirement You are encouraged to come prepared to vet client scenarios with Brad.
Attendees Comments:
"New Ideas" Learned According to Webinar Attendees:
"Great idea to offer this as I am already currently working on a case like this. The amount amounts of money and planning are enormous opportunities. This education is invaluable."
"Understanding the ideal client for an iCLAT and the difference in a DAF and iCLAT."
"Income producing assets exclude annuities. Gifting via iCLAT can result in greater value of remainder cash back than the total gifted funds assuming a reasonable return over and above the designated gift percentage."
"New Ideas" Learned According to Webinar Attendees:
"Great idea to offer this as I am already currently working on a case like this. The amount amounts of money and planning are enormous opportunities. This education is invaluable."
"Understanding the ideal client for an iCLAT and the difference in a DAF and iCLAT."
"Income producing assets exclude annuities. Gifting via iCLAT can result in greater value of remainder cash back than the total gifted funds assuming a reasonable return over and above the designated gift percentage."