Conrad Teitell

April 21, 2023 | New York Law Journal

Among the Treasury's 224-page "Green Book" proposals that would affect federal income, gift and estate taxes, I highlight two among the charitable proposals: (1) Charitable Lead Annuity Trusts (CLATs), and (2) Private Foundation transfers to Donor Advised Funds.

By Conrad Teitell

7 minute read

February 23, 2023 | New York Law Journal

The current law allowing tax-free IRA direct transfers to charities of up to $100,000 annually isn't changed, but will be indexed for inflation starting in 2024.

By Conrad Teitell

3 minute read

December 22, 2022 | New York Law Journal

Many probably don't even know as itemizers they're entitled to deduct their unreimbursed expenses incurred in helping charitable organizations.

By Conrad Teitell

7 minute read

October 21, 2022 | New York Law Journal

In his Estate Planning and Philanthropy column, Conrad Teitell discusses the recent case of Patricia and Kevin Keefer, whose charitable contribution was disallowed by the IRS. The case is a good example of how careful you need to be with charitable contributions.

By Conrad Teitell

6 minute read

August 19, 2022 | New York Law Journal

What's the difference between a Buffett lunch for eight and a buffet lunch? That extra t in Buffett is going to cost you. But, how much after tax benefits?

By Conrad Teitell

6 minute read

June 24, 2022 | New York Law Journal

In his Estate Planning and Philanthropy column, Conrad Teitell offers a summary of 'Tarpey v. United States,' where a Montana-based attorney was held liable for engaging in a scheme of donating timeshare interests for large tax deductions.

By Conrad Teitell

5 minute read

April 22, 2022 | New York Law Journal

With so many cash donations being made to help the people of Ukraine, Conrad Teitell offers a timely and helpful discussion of income tax rules for charitable gifts for use overseas. He explains how tax savings reduce the cost of giving and in many cases enable donors to give more.

By Conrad Teitell

9 minute read

February 25, 2022 | New York Law Journal

Sometimes objectives can be better achieved by disclaiming instead of accepting a bequest.

By Conrad Teitell

3 minute read

December 23, 2021 | New York Law Journal

Now is a good time to tell your clients how to substantiate their charitable gifts on their 2021 federal income tax returns—due by April 15, 2022.

By Conrad Teitell

19 minute read

October 22, 2021 | New York Law Journal

In this edition of his Estate Planning and Philanthropy column, Conrad Teitell writes that now is the time for lawyers to tell their clients about direct IRA transfers from IRAs by individuals 70½ or older.

By Conrad Teitell

7 minute read