Charitable Gift Planning in 2021:
Options and Strategies to Achieve Your
Client’s Giving Goals

In this interactive session Joseph D. Growney and Ruth J. Brackney, both experienced estate planning and transactional attorneys with Lathrop GPM, will give you a thorough overview of the options available for achieving your clients’ charitable goals.

In this presentation they will:

(1)   Discuss the relevant tax laws and the changes to the RMD rules under the Secure Act.

(2)   Give an overview of both lifetime and testamentary giving strategies with a focus on IRAs and the tax traps to avoid.

(3)   Compare and contrast private foundations and donor advised funds, including the differences in charitable deduction, administration, control, and excise taxes.

(4)   Give an introduction and overview of chartable lead trusts, charitable remainder trusts, and charitable gift annuities.

Joseph D. Growney, JD

Joseph Growney concentrates his practice in all areas of estate planning, including the preparation of basic and complex estate planning documents, and the implementation of sophisticated planning techniques. He also assists high net worth individuals and closely-held businesses with business succession planning and tax planning, including the formation of corporations, partnerships, and limited liability companies, and structuring of corporate reorganizations and recapitalizations.

Ruth J. Brackney, JD

Ruth Brackney prepares analysis and recommendations on sophisticated estate, gift and generation-skipping transfer tax issues, including development of complex estate plans, preparation of estate planning documents, estate and gift tax returns, and administration of estates, trusts, and family limited partnerships. With over 20 years of experience, she provides lifetime financial planning involving special needs of children and spouses, financial planning related to divorce and premarital agreements, as well as business succession planning. She counsels multi-generational families on the transfer of wealth, including educating children and supervising family meetings. Ruth assists clients with charitable planning and the administration of private foundations and charitable trusts. She represents estate and trust clients in federal estate tax audits. Additionally, she forms and administers charitable entities including private foundations, charitable lead trusts and charitable remainder trusts. Ruth provides life insurance planning and planning with retirement assets, in addition to assisting with asset protection strategies such as Missouri Spendthrift Trusts.