Book Title:
Professional Advisors’ Guide to Planned Giving (2006 Edition) (Paperback)
by Kathryn W. Miree
Editorial Reviews:
Product Description
Professional Advisors’ Guide to Planned Giving offers practical advice on the wide range of issues that arise for charities implementing a planned giving program and for donors making charitable gifts.
This book provides practical guidance for all professionals advising donors or charities on financial issues and charitable giving.
The 2006 Edition of Professional Advisors’ Guide to Planned Giving provides the legislative, regulatory, and judicial developments that are most important to professionals concerned with tax-exempt organizations.
The latest developments include:
- Full text updated to reflect most recent IRS Letter Rulings, Revenue Rulings, and Notices
- Expanded section on building nonprofit endowments
- Discussion of changes to Uniform Management of Institutional Funds Act (UMIFA) found in 2005 draft of National Conference of Commissioners on Uniform State Laws
- Updated figures from the Giving USA 2005 report on U.S. giving from the American Association of Fundraising Counsel Foundation
- Updated state by state figures showing number of returns, return with itemized deductions, return with charitable deductions, and dollar value of charitable deductions from IRS Statistic of Income Bulletin
- Updated database, software, and publications vendor lists
- Updated section incorporating recent changes in vehicle and patents/intellectual property laws instituted in The American Jobs Creation Act of 2004 for nonprofits and donors
- New gift substantiation requirements under The American Jobs Creation Act of 2004
- Next section focusing on current issues involving charities and life insurance including charitable reverse split-dollar, dead pools, and investor owned life insurance (IOLI)
- New ruling requiring spousal disclaimer for valid charitable remainder trust in states where probate law permits allocation to marital share
- Details on gift annuities at the institutional level
- Expanded section on legislative oversight of charities and charitable giving
- The American Council on Gift Annuities
- Current calculations and examples
About the Author
Kathryn W. Miree, Esq., is president of Kathryn W. Miree & Associates, Inc., a consulting firm that works with nonprofits to develop planned giving programs. She received her undergraduate degree from Emory University and her law degree from University of Alabama School of Law. She spent 15 years in various positions, including manager of the Personal Trust Department, in the Trust Division of a large bank. During her tenure with the bank, Ms. Miree handled estate, charitable trust, and foundation administration. She joined a regional brokerage firm in 1994 to start its trust company. She established Kathryn W. Miree & Associates, Inc. in 1997. Ms. Miree is a past president of the National Committee on Planned Giving, the founding president of the Alabama Planned Giving Council, a past president of the Estate Planning Council of Birmingham, Inc., and a past member of the Board of the National Association of Estate Planners & Councils. In addition to those professional associations, she currently serves on a number of foundation and nonprofit boards. She is the co-author with Jerry J. McCoy of Family Foundation Handbook. Ms. Miree is a frequent lecturer on nonprofit management and fundraising. Her clients include a variety of nonprofit organizations across the nation.