New IRS Regulations for Donor-Advised Funds: Key Provisions, DAF Exceptions, Taxable Distributions and Expenditures
Recording of a 90-minute CLE/CPE video webinar with Q&A
This CLE/CPE webinar will provide estate planners and tax practitioners guidance on key provisions and the impact of recent proposed IRS regulations for donor-advised funds (DAFs). The panel will discuss critical provisions of these regulations, the tax treatment of distributions and expenditures, DAF exceptions, and other key items stemming from these regulations and their impact on estate and tax planning.
Outline
- Overview of DAFs pre-regulations
- The role of DAFs from a giving and estate planning perspective
- How the regulations would change considerations for donors
- The single identified organization DAF exception
- How the regulations would change permissible DAF distributions
- Possible future regulations and laws
Benefits
The panel will discuss these and other key issues:
- What constitutes a DAF?
- Utilizing a DAF as an estate planning and charitable giving tool
- Sponsoring and managing a DAF for charities
- What a single identified organization fund (not a DAF) can and can’t do
- What are the types of sponsoring organizations and considerations of each?
- What are the main issues raised by critics of the regulations?
- What may future DAF regulations cover?
Faculty
Karl Mill
Founding Attorney
Mill Law Center
Prior to founding Mill Law Center, Mr. Mill was a partner at Adler & Colvin, a boutique law firm serving... | Read More
Prior to founding Mill Law Center, Mr. Mill was a partner at Adler & Colvin, a boutique law firm serving non-profits and their donors. He continues to advise a broad range of non-profit organizations, including everything from the most innovative start-ups to some of the largest, most established foundations and charities around the country. Mr. Mill's philosophy is to apply his years as a lawyer and educator to provide clear, actionable legal advice and support to non-profits. His areas of expertise include private foundations, public charities, impact investment, social enterprise, and charitable gift planning.
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Gene Takagi
Principal
NEO Law Group
Mr. Takagi is a Principal at NEO Law Group, Contributing Publisher of the Nonprofit Law Blog, and a P/T Lecturer at... | Read More
Mr. Takagi is a Principal at NEO Law Group, Contributing Publisher of the Nonprofit Law Blog, and a P/T Lecturer at Columbia University. He has represented over 800 nonprofit organizations on corporate, tax, and charitable trust law matters. Mr. Takagi is a popular writer on nonprofit legal topics and has been published by The New York Times, The Nonprofit Quarterly, The Chronicle of Philanthropy, The Nonprofit Times, Taxation of Exempts, EO Tax Journal, and ALI-ABA. He is also a popular speaker who has presented at conferences for Independent Sector, BoardSource, the National Association of Attorneys General / National Association of State Charity Officials, CalNonprofits, Net Impact, the American Bar Association, the Western Conference on Tax Exempt Organizations (WCTEO), Georgetown Nonprofit Governance, the Northern California Planned Giving Council, the National Network of Fiscal Sponsors, and numerous local and regional bar and CPA associations. In addition, Mr. Takagi has been a regular contributor to Tony Martignetti Nonprofit Radio since 2010.
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