Professional DEVELOPMENT
for GIFT PLANNERS

101. ACGA Rates ‑ Current CGA

Chapters 3.3.1, 3.3.2

This course will examine and discuss the American Council on Gift Annuities' rates and provide fundamental information about immediate gift annuities.

102. Gift Ann. Deferred/Documents

Chapters 3.3.3, 3.3.4

This course will explain how deferred gift annuities work and the requirements for gift annuity agreements.

103. Gift Ann. Disclosure/State Regs

Chapters 3.3.5, 3.3.6

This course will discuss gift annuity disclosures and explain the varying levels of state regulation of charitable gift annuities.

104. Gift Ann. Gift/Unrecov. Basis

Chapters 3.3.7, 3.3.8

This course will explain how a gift annuitant can make a gift of his or her annuity contract back to the issuing charitable organization. It will also describe the additional deduction that is permitted for unrecovered principal where a donor passes away before his or her life expectancy.

105. Gift Ann. Taxes/App. Property

Chapters 3.3.9, 3.4.1

This course will cover various taxes and tax deductions associated with charitable gift annuities and look at gift annuities funded with appreciated property.

106. Gift Ann. Flexible

Chapters 3.4.2, 3.4.3

This course will explore the flexible deferred gift annuity option and explain how donors can create testamentary gift annuities to benefit loved ones as part of an estate plan.

107. Gift Ann. Retirement/For Home

Chapters 3.4.4, 3.4.5

This course will explain how to structure charitable gift annuities to benefit donors in their retirement years and illustrate a unique arrangement that combines a charitable life estate and a gift annuity.

108. Gift Ann. Test. GA/UT to GA

Chapters 3.4.6, 3.4.7

This course will discuss how donors can use their IRAs to fund testamentary charitable gift annuities to provide for loved ones and will explain how donors who have charitable remainder unitrusts can rollover the income interest of the unitrust into a gift annuity.

109. Bequests Type/Deduction

Chapters 3.2.1, 3.2.2

This course will explore different types of bequests, estate plans, QTIP trusts and explain how donors may receive charitable estate tax deductions for charitable gifts in a will or trust.

110. Bequests IRA/Disclaimers

Chapters 3.2.3, 3.2.4

This course will explain what income in respect of a descendent (IRD) assets are, how they are transferred, the tax implications of transferring IRD assets and how beneficiaries and spouses can properly disclaim inherited assets.

111. Life Estate Home—MIT

Chapters 3.7.1, 3.7.2

This course will explain how donors can deed a personal residence or farm to charity and reserve lifetime use through a charitable life estate. It will also describe what should be included on the maintenance, insurance and taxes ("MIT") agreement, which defines the responsibilities of the donor as life tenant.

112. Life Estate Rollover - Taxes

This course will provide options for a donor who has already established a charitable life estate but who no longer desires to remain living in the home. The second part of this course will discuss income, gift and estate tax deductions for the gift of a remainder interest in a home or farm.

113. Revocable Tr. Liquidity-Charity

Chapters 3.9.1, 3.9.2

This course will discuss revocable trusts, provide case studies and explain how donors can name charities as remainder beneficiaries of living trusts.

114. Unitrust Duration—Four-Tier

Chapters 3.10.1, 3.10.2

This course will explain unitrust duration and recipient options as well as provide information about the four-tier method of trust accounting for unitrust distributions.

115. Unitrust Payouts—Types

Chapters 3.10.3, 3.10.4

This course will cover the various rules related to unitrust payouts and compare the four different types of unitrusts – Standard Unitrust, Net Income Plus Makeup Unitrust (NIMCRUT), Net Income Only Unitrust (NICRUT) and FLIP Unitrust.

116. Unitrust Trustee—Gifts

Chapters 3.10.5, 3.10.6

This course will discuss trustee options for charitable remainder unitrusts, explain the trustee's responsibilities and compliance requirements and examine a case study. This course will also explain how donors can make gifts of their unitrust income interests to charity and receive charitable deductions for those gifts.

117. Unitrust Docs—Reformation

Chapters 3.10.7, 3.10.8

This course will explain charitable remainder unitrust document requirements and provide instances where a unitrust document may be reformed.

118. Unitrust Taxes—Investments

Chapters 3.10.9, 3.10.10

This course will cover the deductions and potential tax implications of establishing and receiving payments from a charitable unitrust. This program will also provide information on permissible unitrust investments and unitrust investment strategies.

119. Unitrust Education—FLIP

Chapters 3.11.1, 3.11.2

This course will explain how a term of years unitrust can be structured to provide a child or grandchild with financial support for education. This course will also provide strategies for unitrusts that are established to provide income during retirement years or that are funded with real estate.

120. Unitrust Sale UT—IRA

Chapters 3.11.3, 3.11.4

This course will explain how a donor can sell part of his or her property for cash and transfer part of the property to a charitable remainder trust. The second part of this program will explain how an IRA can be transferred to a testamentary unitrust at death to provide for family members.

121. Unitrust Stretch IRA—Tandem

Chapters 3.11.5, 3.11.6

This course will explain how the beneficiary of an inherited IRA can stretch out the IRA distributions and compare this option to the “Stretch Unitrust.” The second part of this course will describe how a charitable remainder trust and a charitable lead trust can work in tandem to provide for family and charity as part of an estate plan.

122. Ann. Tr. Duration/Four-Tier

Chapters 3.1.1, 3.1.2

This course will provide information regarding permissible annuity trust duration and recipient options. This course will also explain the four-tier method of trust accounting for annuity trust distributions.

123. Ann. Tr. Payouts/5% Probability

Chapters 3.1.3, 3.1.4

This course will cover the various rules related to annuity trust payouts and explain the 5% Probability Test and the 10% Termination Test.

124. Annuity Trust Trustee/Gifts

Chapters 3.1.5, 3.1.6

This course will discuss who may serve as trustee of a charitable remainder annuity trust, the trustee's responsibilities and compliance requirements and examine a case study. This course will also explain how donors can make gifts of their annuity trust income interests to charity and receive charitable deductions for those gifts.

125. Ann. Tr. Document/Reformation

Chapters 3.1.7, 3.1.8

This course will explain annuity trust document requirements and provide instances where an annuity trust document may be reformed.

126. Ann. Tr. Education/Taxes

Chapters 3.1.9, 3.1.10

This course will explain how a term of years annuity trust can be structured to provide a child or grandchild with financial support for education. This course will also cover the deductions and potential tax implications of establishing and receiving payments from a charitable annuity trust.

127. Lead Trust Family-Grantor

Chapters 3.5.1, 3.5.2

This course will introduce the two basic types of living charitable lead trusts, discuss the income tax implications of family lead trusts and explain how grantor lead trusts are structured, taxed and operated.

128. Lead Trust Super–Annuity Tr.

Chapters 3.5.3, 3.5.4

This course will discuss the Super Grantor Lead Trust, also referred to as the Defective Grantor Lead Trust. The second part of this course will provide information about lead annuity trusts and how they can be used to pass substantial assets through to family.

129. Lead Trust UT/Gift-Estate Tax

Chapters 3.5.5, 3.5.6

This course will provide information about lead unitrusts and explain the possible deductions that a donor may receive when establishing a charitable lead trust.

130. Lead Trust Income/GST Tax

Chapters 3.5.7, 3.5.8

This course will discuss the income tax implications for charitable lead annuity trusts and explain when generation-skipping transfer taxes could be applicable in the lead trust context.

131. Lead Trust Double Disc. Living Tr.

Chapters 3.6.1, 3.6.2

This course will explain the double discount lead trust, which involves both a family limited partnership and a charitable lead annuity trust. The second part of this course will examine a case study and discuss how a living lead trust can be used to pass assets to family members.

132. Lead Trust EZ/Tandem UT-LT

Chapters 3.6.3, 3.6.4

This course will examine two lead trust applications. First, the course will explain how a lead trust may be structured to make payments for the lesser of life or a term of years. The course will then describe how a charitable remainder trust and a charitable lead trust can work in tandem to provide for family and charity as part of an estate plan.

133. Lead Trust Layered—GSTT

Chapters 3.6.5, 3.6.6

This course will explain how layering multiple lead trusts can be a powerful strategy for moving assets through to family members and spreading out an inheritance. This course will also look at how generation-skipping transfer taxes are calculated and examine a case study where multiple lead trusts are established for children and grandchildren.

134. Public Stock/Fam. Business

Chapters 4.12.1, 4.12.2

This course will look at charitable gifts of public stock, including outright gifts of stock and transferring stock to a charitable remainder unitrust or gift annuity. The second part of this course will explain charitable options for gifts of family business stock, including outright gifts and charitable bailouts.

135. Fam. Stock/Private Fnd.

Chapters 4.12.3, 4.12.4

This course will discuss gifts of family owned stock to children and public charities and explain the rules and requirements for gifts of stock to private foundations.

136. Inc. Stock Opt./Non-Qual SO

Chapters 4.13.1, 4.13.2

This course will explain incentive stock options and nonqualified stock options. This course will also discuss tax implications of exercising the option, transfer limitations and planned giving strategies.

137. Bequest of Options/Test. UT

Chapters 4.13.3, 4.13.4

This course will discuss the tax implications of leaving stock options to family members and examine how a testamentary charitable remainder trust can be funded with stock options and provide an inheritance to family.

138. IRA Payouts Owner/Children

Chapters 4.6.1, 4.6.2

This course will explain the rules that apply to IRA distributions and how distribution amounts are calculated. This course will also discuss how IRAs can be transferred to spouses and children upon the death of the IRA owner.

139. IRA Bequests/Spousal UT

Chapters 4.6.3, 4.6.4

This course will look at who may be named as a beneficiary of an IRA, the tax benefits of leaving an IRA to charity and how an IRA can be transferred to a unitrust and make payments to a spouse upon the death of the IRA owner.

140. IRA UT Children/NUA UT

Chapters 4.6.5, 4.6.6

This course will begin by describing how an IRA can be transferred to a charitable unitrust and make payments to children upon the death of the IRA owner. The second part of this course will discuss charitable solutions for employee stock where there is net unrealized appreciation.

141. QRP UT/IRA Char. Rollovers

Chapters 4.6.7, 4.6.8

This course will begin by looking at employee stock ownership plans (ESOPs) and charitable solutions for qualified replacement property. The second part of this course will discuss the IRA charitable rollover and examine various donor profiles for IRA rollover gifts.

142. Real Estate Gifts/Debt

Chapters 4.7.1, 4.7.2

This course will explore the rules, benefits and challenges of real estate gifts, including the valuation and treatment of debt encumbered property.

143. Env. Issues/Home or Farm

Chapters 4.7.3, 4.7.4

This course will touch on environmental issues that may arise from real estate gifts and offer a few suggestions for gift acceptance policies. This course will also discuss life estate reserved gifts of farms or personal residences.

144. CRT/Gift Ann. Lead Tr./PIF

Chapters 4.7.5, 4.7.6

This course will address how to use real estate to fund charitable remainder trusts, charitable gift annuities, charitable lead trusts and pooled income funds.

145. Inv. Inc. Tax Ded.–Qual. Res.

Chapters 4.5.1, 4.5.2

This course will discuss charitable gifts of inventory, including enhanced charitable deductions for specific donations and qualified research property.

146. Inventory Gifts–Unitrust

Chapters 4.5.3, 4.5.5

This course will examine the rules for gifts of inventory and the benefits of funding charitable remainder unitrusts with inventory. This course will also touch on the distinction between dealers and investors and how this classification impacts donors' charitable gifts of inventory.

147. C Corp Asset–Stock Sale

Chapters 4.2.2, 4.2.3

This course will explain the sale and unitrust plan using subchapter C corporation assets and stock. This course will also include steps that can be taken in order to avoid a prearranged sale when transferring subchapter C corporation assets or stock to a charitable remainder trust.

148. C Corp CRT–Bailout

Chapters 4.2.4, 4.2.5

This course will discuss outright gifts of subchapter C corporation assets to charities and to charitable remainder unitrusts. This course will also examine subchapter C corporation bailouts using charitable remainder unitrusts.

149. C Corp Gift Ann–Crops TPP

Chapters 4.2.6, 4.3.1

This course will address subchapter C corporation bailouts using charitable gift annuities. This course will also review charitable gifts of tangible personal property.

150. Tang. Pers. Property Gifts–UT

Chapters 4.3.2, 4.3.3

This course will examine categories of tangible personal property and different methods of donating tangible personal property, including outright gifts and charitable remainder unitrusts.

151. TPP Val–Insurance Gift

Chapters 4.3.4, 4.4.1

This course will discuss the valuation requirements for charitable donations of tangible personal property and life insurance, including qualified appraisal requirements and appraiser qualifications.

152. Prem. Deduct.–Charity Bene

Chapters 4.4.2, 4.4.3

This course will explore the rules for donations of life insurance premiums and the benefits of naming a charity as beneficiary of a life insurance policy.

153. Form 8283–Ins. CRT/CGA

Chapters 4.4.4, 4.4.5

This course will touch on the special substantiation rules for life insurance gifts and will explore the benefits of using a life insurance policy to fund charitable remainder trusts and charitable gift annuities.

154. Art Gifts–Partial Interests

Chapters 4.1.1, 4.1.2

This course will address charitable gifts of art, including ordinary income and capital gain classifications of art and partial interest gifts of art.

155. Art Related–Unitrusts

Chapters 4.1.3, 4.1.4

This course will examine the definitions of related use and unrelated use for charitable gifts of art. This course will also discuss the benefits of transferring gifts of art to charitable remainder trusts.

156. Art Valuation–C Corps

Chapters 4.1.5, 4.2.1

This course will discuss the valuation of charitable gifts of art. This course will also examine the tax regime and general structure of subchapter C corporations.

157. LLC Tax/UBI Lease Opt.

Chapters 4.8.1, 4.8.2

This course will explore the basic structure of limited liability companies (LLCs). This course will discuss how unrelated business taxable income may limit certain charitable gifts of LLCs and offer a potential solution through a lease option.

158. Self-Dealing/Sale and UT

Chapters 4.8.3, 4.8.4

This course will examine possible challenges that may arise when gifting limited liability companies (LLCs) to charity through charitable remainder trusts or as outright gifts and will offer strategies to overcome these obstacles. The second half of this course will explain the sale and unitrust plan using LLC assets and units.

159. Patents/Copyrights

Chapters 4.9.1, 4.9.2

This course will provide an overview of patents and copyrights and discuss how to value charitable income tax deductions for gifts of patents and copyrights to charity.

160. Trademarks/ IP Royalties

Chapters 4.9.3, 4.9.4

This course will explore trademarks and royalty interests, explain how these assets can be donated to charity and look at how to determine the charitable income tax deduction for these gifts.

161. Sole Prop./Lease & Debt

Chapters 4.10.1, 4.10.2

This course will cover how sole proprietorships are operated and taxed, discuss common challenges to charitable gifts of proprietorships and offer solutions to these obstacles.

162. Self-Dealing/Sale and UT

Chapters 4.10.3, 4.10.4

This course will touch on self-dealing issues that may arise in the context of proprietorships and discuss the benefits of a combination of a sale and unitrust.

163. Gift Ann.Bailout/Sav. Bonds

Chapters 4.10.5, 4.11.1

This course will address proprietorship bailouts using charitable gift annuities. This course will also explore different types of savings bonds.

164. Life/Death Savings Bonds

Chapters 4.11.2, 4.11.3

This course will touch on transfers during life and testamentary transfers of savings bonds.

165. Sub S Tax/Charity Sub S

Chapters 4.14.1, 4.14.2

This course will review the basic rules of subchapter S corporations and discuss outright charitable gifts of subchapter S corporations.

166. Sub S UT/S Option Grant

Chapters 4.14.3, 4.14.4

This course will explore the consequences of transferring subchapter S corporation stock to charitable remainder trusts and offer alternative charitable giving options.

167. Sub S Asset Sale/C Corp

Chapters 4.14.5, 4.14.6

This course will discuss charitable gifts of subchapter S corporation assets to charitable remainder trusts. This course will also touch on converting a subchapter S corporation into a subchapter C corporation and the benefits of this conversion.

168. Lease UBI Sol/Self-Dealing

Chapters 4.14.7, 4.14.8

This course will examine unrelated business taxable income issues related to gifts of subchapter S corporation assets and offer a solution through the use of a lease. This course will also discuss self-dealing and offer tips on how to avoid self-dealing.

169. Sub S LT/S Tax Deduction

Chapters 4.14.9, 4.14.10

This course will address the different types of charitable lead trusts and the benefits of funding a lead trust with subchapter S stock. This course will also explore the charitable deduction rules related to gifts of subchapter S corporations.

170. Pooled Fund Reqs–Valuation

Chapters 3.8.1, 3.8.2

This course will provide an overview of pooled income funds, including the basic requirements, valuation and taxation of pooled income funds.

171. Pooled Fund Securities–Mgt.

Chapters 3.8.3, 3.8.4

This course will examine the effects of Securities and Exchange Commission (SEC) regulation on pooled income funds and will also explore the topic of pooled income fund administration.

172. Pooled Fund Gift–Termination

Chapters 3.8.5, 3.8.6

This course will explore options for termination of pooled income funds, first from the perspective of the donor and then from the charity's perspective.

173. 5 & 5 Rule/Debt and UT

Chapters 5.1.1, 5.1.2

This course will cover gifts of debt-encumbered property to charity, beginning with a discussion of acquisition indebtedness and the 5 & 5 Rule followed by an exploration of debt and charitable remainder unitrusts.

174. UT Debt Solutions/CERCLA

Chapters 5.1.3, 5.2.1

This course will examine solutions for donors with debt-encumbered property and will also explore the rules related to real property with environmental waste issues.

175. Gift Policies/Envr. Checklist

Chapters 5.2.2, 5.2.3

This course will cover gift acceptance policies and checklists related to gifts of real property with environmental issues.

176. Excess Business Holdings

Chapters 5.3.1, 5.3.2

This course will explore the rules and exceptions related to excess business holdings.

177. LT-Ex.Bus. Hold./UT & AT

Chapters 5.3.3, 5.3.4

This course will first examine the excess business holdings rules related to charitable lead trusts and then will discuss business planning with charitable remainder trusts.

178. Jeop. Char. Int./Exceptions

Chapters 5.4.1, 5.4.2

This course will explore the rules and exceptions related to jeopardizing charitable investments of private foundations and charitable remainder trusts.

179. Assign Income/Real Estate

Chapters 5.5.1, 5.5.2

This course will discuss several cases related to assignment of income and will also explore strategies for the sale of real estate without engaging in a prearranged sale.

180. C Corp.Sale/Risk Disclosure

Chapters 5.5.3, 5.5.4

This course will cover the risk of prearranged sales related to C corporations and real estate transfers and will also discuss risk disclosure and safety steps that can be taken.

181. Gift or Not?/When To Deduct?

Chapters 1.1.1, 1.1.2

This course will discuss basic information surrounding charitable gifts, including what constitutes a tax-deductible charitable gift, the benefits a donor may receive in exchange for a gift and the timing of a charitable gift for deduction purposes.

182. Deduction Limits - 60%, 50%, 30%, 20%

Chapters 1.1.3, 1.1.4

This course will examine the deduction limits for charitable gifts and will also explore situations in which charitable deductions must be reduced.

183. Partial Int. Gifts/State Credits

Chapters 1.1.5, 1.1.6

This course will touch on the rules for charitable gifts of partial interests and will explore state tax deductions and credits.

184. Gift Taxes/Annual Exclusion

Chapters 1.2.1, 1.2.2

This course will provide an overview of the federal gift tax and the annual exclusion rules.

185. Gift Exemption/Char. Deduct

Chapters 1.2.3, 1.2.4

This course will discuss the gift tax exemption, unlimited gift tax deductions and charitable gift tax deductions.

186. Marital Deduct/Gift Tax 709

Chapters 1.2.5, 1.2.6

This course will cover the marital gift tax deduction, walk through how to calculate gift tax and discuss Form 709, Gift Tax Return.

187. Estate Tax/App. Exclusion

Chapters 1.3.1, 1.3.2

This course will provide an overview of the federal estate tax, the unified credit amount and the applicable exclusion amount.

188. Estate Deduct/Marital Ded.

Chapters 1.3.3, 1.3.4

This course will discuss charitable estate deductions, the marital deduction and marital portability.

189. Disclaimers/Estate Tax 706

Chapters 1.3.5, 1.3.6

This course will explore disclaimers of estate gifts, walk through how to calculate estate tax and discuss Form 706, Estate Tax Return.

190. GSTT/Exclusion & Exempt

Chapters 1.4.1, 1.4.2

This course will provide an overview of the generation-skipping transfer tax (GSTT), including the related exclusion and exemption.

191. Incl. Ratio/Lead AT GSTT

Chapters 1.4.3, 1.4.4

This course will cover the inclusion ratio and applicable fraction for generation-skipping transfer tax (GSTT) rates. This course will also examine the use of a charitable lead annuity trust as a planning mechanism for GSTT, including a case study of the Jacqueline Kennedy Onassis charitable lead annuity trust.

192. Lead UT GSTT/Fair Mkt. Val.

Chapters 1.4.5, 1.5.1

This course will discuss the use of a charitable lead unitrust when planning for generation-skipping transfer tax issues. This course will also explore the valuation of various types of charitable gifts at fair market value.

193. Form 8283, Appr./Discounts

Chapters 1.5.2, 1.5.3

This course will cover gift valuations, including qualified appraisals, Form 8283, Noncash Charitable Contributions, Form 8282, Donee Information Return and valuation discounts.

194. Gift Substan./Gift Premiums

Chapters 1.6.1, 1.6.2

This course will examine the requirements for substantiation of charitable gifts and will explore gift premiums, also called token gifts.

195. Quid Pro Quo/Property Gifts

Chapters 1.6.3, 1.6.4

This course will review “quid pro quo” gifts and special substantiation requirements for certain charitable gifts.

196. Bargain Sale/Mortgages

Chapters 2.1.1, 2.1.2

This course will cover bargain sale gifts to charity, including considerations arising from bargain sales of debt-encumbered property.

197. Gift/Sale of Land or Stock

Chapters 2.2.1, 2.2.2

This course will examine the use of a combination of a charitable gift and a partial sale with real estate and stock.

198. Gift of App. Prop./Ins. Trust

Chapters 2.3.1, 2.3.2

This course will discuss gifts of appreciated assets. This course will also explore gifts of appreciated assets with irrevocable life insurance trusts.

199. Int.-Free Loans/Loans of Art

Chapters 2.4.1, 2.4.2

This course will cover the rules for interest-free loans and will also discuss loans of art to charity.

200. AT-SEC Exempt./LT-SEC Exempt.

Chapters 3.1.11, 3.5.9

This course will review the Philanthropy Protection Act and the charitable exemption from Securities and Exchange Commission regulations.