Cubs Win the World Series! Trump Wins Presidency! Hell seen Freezing Over! What's Next?

Cubs Win the World Series! Trump Wins Presidency! Hell seen Freezing Over! What's Next?

News story posted in General on 10 November 2016| comments
audience: National Publication | last updated: 11 November 2016
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Summary

What everyone reading this publication wants to know is where will taxes go and how will that effect giving?

"Cubs Win the World Series! Trump Wins Presidency! Hell seen Freezing Over! What's Next?" I can always count on our PGDC EIC, Randy Fox, to come up with a great title for our weekly newsletter. The most important part of the title for me and charitable planning is, "What's next."

As I've been reading president elect Trump's tax proposal since the election, I see a few things that could dramatically impact charities and planned giving, as others have. That being said, over my last thirty-five years in this industry I've never analyzed the effects of proposals, I let others do that. I analyze legislation that is passed!

What's next? We don't know. But, as soon as we do you can be assured that our staff at the Planned Giving Design Center will be analyzing the effects of new laws on various gifting techniques and finding the gems that we can use with our donors and clients. There is always a new game, this is what we do best.

So if you want some free advice, lobby for the charitable sector, sit back, relax, enjoy your life and let's see what's next. In the meantime there is still time in 2016 to use the current laws to advise our clients on their philanthropy.

Lee Hoffman

Instead of us non-experts opining, here are links to the Center Tax Policy's analyses of both Donald Trump's Plan and  the House GOP Plan. Where we'll end up, know one yet knows but these are good starting points.

 

 


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