✦ LIBER ✦
Payments made in conjunction with sweepstakes program ruled deductible gifts
- Publisher
- John Wiley and Sons
- Year
- 2000
- Weight
- 121 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0742-3497
No coin nor oath required. For personal study only.
✦ Synopsis
This is a tough one for the IRS. There is no question that this use of charitable lead trusts is an exploitation of seriously ill individuals. At the same time, however, the proposal would preclude the use of these trusts by same-sex couples and for passing property on to individuals such as stepchildren and, for that matter, friends.