Estate Planners Will Review Tax Law Changes Next Week in Benton Harbor

Not-for-profit organizations, estate planning professionals, and anyone else wondering what the President’s tax law changes will mean to charitable giving have been searching for answers ever since the law went into effect. Now, the Southwestern Michigan Estate Planning Council will try to help professionals engaged in that realm produce tangible answers through an overview at a meeting next week in Benton Harbor.

The Berrien Community Foundation tells us the Southwestern Michigan Estate Planning Council will meet at 11:45 am on Wednesday, May 23rd at the Hilton Garden Inn on Cinema Way in Benton Charter Township.

The session will feature a brief look at charitable giving in light of the new tax laws along with an introduction into gifting of hard-to-value assets. Industry professionals will hear real examples of that type of non-traditional gifting and learn about a new avenue for helping clients make those types of charitable gifts.

Attorney Tim Passaro will share some options for clients for the new tax law and also discuss options for gifting of non-liquid assets. Additionally, Lisa Cripps-Downey, President of the Berrien Community Foundation and Brandi Smith-Gordon, President of the Lakeland Health Foundation will share some examples of how gifting of non-liquid assets such as art work or property can help achieve charitable goals.

The Southwestern Michigan Estate Planning Council is open to individuals who are actively engaged in the field of estate planning. The Council brings together speakers to educate professionals on changes and best practices in the field of estate planning.

If you are interested in attending the event, contact Kristi Wall at Kristi.wall@plantemoran.com. First time guests are free to attend the event and any returning guests will pay $20. Lunch is included for that fee. For information on membership with the Southwestern Michigan Estate Planning Council, you can visit www.swmepc.org.