Choosing Charitable Giving Vehicle
Autor: Sis Eyna • October 22, 2015 • Case Study • 7,063 Words (29 Pages) • 1,339 Views
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COLLEGE OF BUSINESS
SCHOOL OF ACCOUNTANCY
FIRST SEMESTER 2015/2016 (A151)
BKAL3063 INTEGRATED CASE STUDY
GROUP E
CASE 3 BRIEF CASE REPORT:
CHOOSING A CHARITABLE GIVING VEHICLE
Prepared for:
MADAM ROHANA @ NORLIZA BINT IYUSOF
Prepared by:
NURULHUDA BINTI ISMAIL | 221340 |
NORMAENAH BINTI MOKHTAR | 221400 |
NOR FATIN BINTI MOHD RAFIE | 221465 |
SITI NURSYUHARA BINTI SALLEH | 222153 |
CHEANG HUI YI | 222058 |
DATE OF SUBMISSION: 19th October 2015
Elaine White who was a financial advisor and she needed to choose the best charitable giving vehicle for two families. For the Carsons who were upper-middle class clients, White has to choose and suggest the best charitable vehicle so to meet the objective of the Carsons which was to receive a tax deduction this year but delay distribution decisions to a later date. Next, for the Bradleys who were the wealthy couple and have more complex tax situation, thus White has to recommend them with the best charitable vehicles which allow them to fulfil their objectives. In order to solve the problems, it is recommended that Donor-Advised Funds should be chosen for the Carsons while Charitable Remainder Trusts should be selected for the Bradleys. The reason is both DAF and CRT have meet the objectives for both families respectively. |
Table of Content
Introduction
II. Statement of Problem
Issue 1: Choosing the Best Charitable Giving Vehicle for Upper-middle Class Family
Issue 2: Choosing the Best Charitable Giving Vehicle for Wealthy Family
III. Causes of Problem
ISSUE 1: Choosing the Best Charitable Giving Vehicle for Upper-middle Class Family
ISSUE 2: Choosing the Best Charitable Giving Vehicle for Wealthy Family
IV. Decision Criteria and Alternative Solutions
Alternative Charitable Vehicles for Upper-Middle Class client
...