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Charities Wrestle With Tax Uncertainty.
- Source :
-
New York Times . 11/11/2010, Vol. 160 Issue 55221, p2. 0p. - Publication Year :
- 2010
-
Abstract
- A GROWING number of charities are persuading donors to create a little-known kind of endowment as the troubled economy and this year's hiatus from the estate tax create problems for charities that depend on major lifetime gifts and on bequests. Charities report that executors of some estates are showing reluctance to hand over bequests until next year, while others say they are in negotiations or even litigation over planned gifts from people who died this year without adjusting their wills to take into account the one-year suspension of the estate tax. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *CHARITIES
*INHERITANCE & transfer tax
*GIFT taxes
*ACTIONS & defenses (Law)
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 160
- Issue :
- 55221
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 55099522