Estate Planning and Philanthropy

IRS Disallowed Charitable Deductions Lacking Donative Intent; Tax Court Disagrees

, New York Law Journal


In his Estate Planning and Philanthropy column, Conrad Teitell discusses 'McGrady', T.C. Memo, 2016-233, a case in which a donor claimed $4.7 million in charitable deductions for conservation easement gifts. The IRS found that the donor lacked donative intent, and the Tax Court held otherwise.

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