Virtual Membership Meeting | The Pros and Cons of Charitable Trusts: Variations, Taxation, Client Benefits, and Market/Interest Rate Impacts
Date: Tuesday, November 29, 2022
Time: 5:00pm - 6:30pm
Location: Via Zoom
Speaker: Anneke Niemira, Chevy Chase Trust
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Thank you to our meeting sponsor
Program Description and Benefits:
Join us for a discussion on Charitable Lead Trusts (CLTs) and Charitable Remainder Trusts (CRTs) and most of the permutations thereof, including CLATs, Shark-fin CLATs, CRUTs, and NI-, NIM- and FLIPCRUTs, with frequent illustrations. Beginning with an overview of the general rules for CRTs and CLTs, the presentation will delve into several different areas, including the taxation of both types, and the potential impact of both interest rates and market volatility on annuities vs. unitrusts and CRTs vs. CLTs. While pointing out some of the pitfalls, this session will also lay out which structures are best-suited for accomplishing particular client objectives, such as intergenerational wealth transfer, tax deferral, reducing investment concentrations, and stretch IRA treatment, in addition to the expected income and/or transfer tax benefits.
Anneke H. Niemira, JD, LLM, is a Director and Senior Wealth Planner at Chevy Chase Trust in Bethesda, MD, where she works with clients to achieve their objectives through both an estate planning and financial planning lens, with the dual aim of ensuring that the client’s goals are sustainable and appropriately paired with a well-structured estate plan, in concert with her clients’ outside advisors. She has given multiple previous presentations on philanthropic topics, on charitable trusts specifically as well as on a wider range of giving options. Before receiving her Masters in Tax Law from Georgetown University, she clerked for the New Jersey Tax Court. After receiving her LLM, she spent nine years as a SVP, Senior Trust Officer at U.S. Trust, Bank of America’s Private Bank, and then several years as a Senior Wealth Strategist at Hawthorn, PNC Private Bank, serving as a strategic technical advisor for a select group of clients with investable assets of over $20 million.
- Fees: No cost for active members; $25 for guests and emeritus members
- Connection and zoom registration details will be emailed just prior to the event.
- Participant video and audio will be muted during the presentation.
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