Estate Planning / Business Planning / Improve The Odds

Lifetime Giving

Copyright 1992, 1998 - Thomas J. Keating, IV, All Rights Reserved


One of the most effective weapons in the estate planner's arsenal is a properly designed and implemented program of lifetime giving. Such a program can have positive personal and tax results, and should be carefully considered in virtually every case in which the client has greater capital resources than are reasonably necessary to provide for his or her own financial security.

This memorandum is presented in five parts. First, a bit of background information to properly orient you regarding the legal and tax issues presented, and to acquaint you with some of the special terminology which will be used; second, a discussion of the tax objectives; third, a discussion of the personal or family objectives; fourth, a look at some of the barriers to giving; and finally, a number of observations that do not fit squarely into any of the other parts.

Please do not be put off by the technical material at the beginning; it has been boiled down to the essentials and is only a page or two long - once you are beyond that it will be smooth sailing.

Section One - Background

Section Two - Tax Objectives

Section Three - Personal & Family Objectives

Section Four - Barriers to Giving

Section Five - Miscellaneous Thoughts

Opportunity Shifting



Law Offices of Thomas J. Keating IV
Centreville, Maryland, USA

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