10 Deadly Sins: common errors to avoid in charitable trust administration.

California CPA - Vol. 71 Nbr. 6, December 2002

Anderson, Timothy J.
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Previous | Vol. 71 Nbr. 6, December 2002

Summary:

Headnotes:

Business
Banking, finance and accounting industries
Charitable trusts
Tax law
Tax accounting
Government regulation
Methods
Accounting and auditing
Interpretation and construction

Extract:

10 Deadly Sins: common errors to avoid in charitable trust administration.

With so many IRS requirements surrounding planned giving instruments, it's no surprise that mistakes are made in establishing and administrating charitable trusts.

Here are some common errors, based on importance.

1. Inappropriate asset allocation

If...

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10 Deadly Sins: common errors to avoid in charitable trust administration.

Previous | Vol. 71 Nbr. 6, December 2002

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Previous | Vol. 71 Nbr. 6, December 2002

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