Tax
Oct. 22, 2019
Charitable lead annuity trusts may make you yawn, but they work
A CLAT can provide payments to a charity for fixed term of years. You can pick your favorite charity, which might be your own family foundation, your favorite public charity or a donor advised fund.
Owen Kaye
Managing Partner
KFB Law Group
12100 Wilshire Blvd #245
Los Angeles , CA 90025
Phone: (310) 207-8008
Fax: (310) 207-8708
Email: owen@kfblawgroup.com
Western State Univ College of Law
April 15, 2020, the due date for your personal income tax return (IRS Form 1040) is almost exactly six months away. If you have a closely held business which sponsors a tax qualified employee retirement plan, e.g., a Section S401(k) and/or a defined benefit pension plan, you can make a large tax deductible contribution as late as the due date, plus extensions, for the business’s return. If your business is an “S” corporation, typical for a law firm, that would be Marc...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In