Annual Exclusion for Present Interest Gifts To

• Individual - $11,000
• Spouse - Unlimited (marital deduction)
• Non-Citizen Spouse - $110,000

Lifetime Gifts Tax Applicable Exclusion Amount

• $1 Million

Capital Gains Tax Appreciated Assets

• Donor Purchase Price minus Donee's Sales Price

• Give money or asset outright
• Sell asset and give
• Charitable remainder trust
  • Two types distinguished by type of income payout
  • Charitable remainder annuity trust [CRAT]
  • Charitable remainder unitrust [CRUTs] 
• Private foundation

Charitable intent Highly appreciated assets subject to capital gains Donor receives distribution for life or fixed term of years followed by payment of the principal of the trust to charities

No capital gains on highly appreciated assets contributed to trust Contribution given immediate charitable tax deduction Proceeds from sale of asset can be invested in tax-free investment environment Eliminates estate taxes on assets that pass to charity immediately after death of donor