Stories from the Trenches
Sometimes gifts come with complications both legal and ethical. This session will explore real life gift planning case studies in an interactive manner that includes an open dialogue on planning strategies while exploring the dilemmas and opportunities presented, possible solutions, along with the impacts on policies, procedures and philosophy. The focus will be on outcomes that benefit the donor, family and the charitable organization. The case studies will demonstrate how treasury regulations, when not followed, may lead to the donor losing the charitable deduction. Outcomes: - Understand the treasury regulations for receipts and qualified appraisals. - Learn how the IRS typically challenges deductions they believe to be overstated. - Learn how well thought out and current gift acceptance policies and well-crafted gift agreements can help when presented with challenging situations, unusual gifts and meet donor intent while protecting the charity. - Explore, through case studies, gifts that have created dilemmas for an organization or the donor and discuss opportunities to benefit the donor and the family as well as the charitable organization. Agenda: 7:30 – 7:50 am Registration/Breakfast 7:50 – 8:00 am Announcements 8:00 – 9:00 am Program Presenter: Kent C. Weimer, Chartered Advisor in Philanthropy® Director of Trusts, Estates and Gift Planning at Parkland Foundation At Parkland Foundation, Kent works with donors and their advisors to make estate gifts, create endowments, or make donations with assets other than cash. His extensive expertise comes from 40 years of experience in community based health care, higher education, cultural institutions, international healthcare, youth development and social service organizations. Kent has been actively involved in the National Association of Charitable Gift Planners for about 20 years including leadership roles at the Chicago Council of Planned Giving, the Dallas Council of CGP and the National Association of CGP. Kent will chair the national CGP board in 2020. Kent is an active member of the Dallas Estate Planning Council and has been a volunteer facilitator for the local Chartered Advisor in Philanthropy® study group. Kent has attained the professional designation of Chartered Advisor in Philanthropy®.