Conrad Teitell

April 25, 2003 | New York Law Journal

By Conrad Teitellby Conrad Teitell

9 minute read

October 23, 2006 | New York Law Journal

Conrad Teitell, a principal at Cummings & Lockwood, writes that new and increased tax incentives for donors were enacted as part of the Pension Protection Act. But, he warns, the act also reduces - or virtually eliminates - some existing charitable tax incentives, places restrictions on donor advised funds and supporting organizations, increases penalties on charities and their managers for misdeeds, and tightens the appraisal requirements for charitable gifts.

By Conrad Teitell

12 minute read

October 24, 2005 | New York Law Journal

Here's a hypothetical situation: A donor's living trust made several charitable gifts at his death. He imposed a number of conditions that had to be met by the trustee before the charitable gifts could be made. What are the T&E implications?

By Conrad Teitell

7 minute read

October 22, 2007 | New York Law Journal

Conrad Teitell, a principal at Cummings & Lockwood, writes: The one thing that I'm inflexible about is achieving flexibility. So in helping clients with their estate plans, I strive to draft plans that meet current and future needs and wishes - but provide wiggle room if circumstances and laws change (it's a good bet they will). The trick is to accomplish flexibility without losing the desired tax benefits.

By Conrad Teitell

7 minute read

October 26, 2009 | New York Law Journal

Conrad writes that now is a good time to tell your clients how to substantiate their charitable gifts on their 2009 federal income tax returns?due by April 15, 2010. Strict, detailed and overlapping substantiation requirements must be met for your clients' charitable deductions to be allowed, he cautions, and generally there is no second chance if a deadline is missed or a requirement isn't satisfied.

By Conrad Teitell

16 minute read

December 18, 2006 | New York Law Journal

Conrad Teitell, a principal at Cummings & Lockwood, writes that strict, detailed and overlapping substantiation requirements must be met for your clients' charitable deductions to be allowed. And generally there is no second chance if a deadline is missed or a requirement isn't satisfied.

By Conrad Teitell

12 minute read

December 27, 2004 | New York Law Journal

Conrad Teitell, a principal at Cummings & Lockwood, writes that buried deep in the corporate tax provisions of the American Jobs Creation Act are two provisions limiting charitable deductions for gifts of vehicles and patents (intellectual property).

By Conrad Teitell

10 minute read

December 22, 2008 | New York Law Journal

Conrad Teitell, a principal at Cummings & Lockwood, writes: Now is a good time to tell your clients how to substantiate their charitable gifts on their 2008 federal income tax returns. Strict, detailed and overlapping substantiation requirements must be met for your clients' charitable deductions to be allowed. And generally there is no second chance if a deadline is missed or a requirement isn't satisfied.

By Conrad Teitell

16 minute read

October 25, 2004 | New York Law Journal

Conrad Teitell, a principal at Cummings & Lockwood, writes that it's not too early to tell your clients how to substantiate their charitable gifts on their 2004 federal income tax returns � due by April 15, 2005.

By Conrad Teitell

11 minute read

June 22, 2010 | New York Law Journal

In his Estate Planning and Philanthropy column, Conrad Teitell, a principal at Cummings & Lockwood, writes that patent litigation isn't cheap, so even if it turns out that a tax-strategy patent doesn't cover a client's situation or the patent was improperly granted, the existence of a patent covering similar territory can have a frigid effect on tax planning.

By Conrad Teitell

9 minute read