Skip navigation

Donating Right Before the Deal

Will you know what to do when a client calls with good news, good news, bad news? The first good news is that he is about to experience a liquidity event such as an initial public offering (IPO) or buy-out. The other good news is that he wants to share the gain with charity. The bad news is that the liquidity event is next week. The client asks, Can I still make a donation? meaning, Can I make a donation

Will you know what to do when a client calls with “good news, good news, bad news?” The first good news is that he is about to experience a liquidity event such as an initial public offering (IPO) or buy-out. The other good news is that he wants to share the gain with charity. The bad news is that the liquidity event is next week. The client asks, “Can I still make a donation?” meaning, “Can I make a donation and avoid getting taxed on the donated stock's gain?” In technical terms, his

ARTICLE ACCESS REQUIRED

Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).


If you are interested in unlimited article access for one year, please select Annual Subscription below.

TAGS: Archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish