Donors contribute "hard-to-sell" real estate to a FLIP Unitrust to avoid capital gain taxes on the sale, obtain a current income tax charitable deduction, minimize income for several years, and retain the flexibility to create a steady stream of income during retirement.

The Service issued five Revenue Procedures, updating the administrative and procedural mechanisms governing the issuance of letter rulings, determination and closing letters, and other advance guidance. These are gathered in IRB 2026-1.

Effective January 1, 2026, the Department of Financial Services, which governs CGAs in NY, has announced its new rate for CGAs will assume a return on investment of 6.00%.

Megatrend: "a large over-arching direction that shapes our lives for a decade or more." As gift planners, our work is being shaped by the confluence of existing and emerging megatrends, dramatically affecting the way we work, our alliances, and the donors, prospects and charities we serve. Our ability to understand these trends and adjust our thinking and acting spell the difference between success, mediocrity or failure in the future. This article explores the impact of four megatrends on the charitable gift planning industry and offer insights for success from seasoned gift planners across the country.