In this webinar, Dr. Russell James gives a masterclass on his top 10 rules for charitable planning for clients with charitable intentions. Starting with his number 1 rule of never donating cash and delving into more advanced charitable giving strategies such as charitable swapping, using retained life estate deeds, and creating charitable trusts. He will further explain ways to utilize charitable planning to offset income-producing events, such as required minimum distributions (RMDs) and Roth conversions. Advisors will learn how to:
- Evaluate the benefits and downsides of gifting various types of assets, such as cash, appreciated assets, and collectibles.
- Describe the rules and benefits of utilizing qualified charitable deductions.
- Incorporate methods that create an immediate charitable deduction to offset income-producing events, such as Roth conversions.
- Plan with advanced charitable giving strategies, such as charitable swapping and the use of charitable trusts.
- Explain options for maintaining wealth for multiple generations utilizing charitable planning tactics.
