This is the second article in a series discussing various tax planning opportunities that should be considered in the wake of the recent elections.  The prior article discussed postponing sales until 2017.

There are at least three aspects of President Elect Trump’s tax plan that favor accelerating charitable gifts to 2016.

First, income rates

Do you have a clear vision of your foundation’s future? Do you know the charities you want your foundation to support? How long do you want your foundation to last? Who will make decisions regarding grants from your foundation after your death or incapacity?

I have been surprised that these questions have not yet been answered