Carroll County Buzz Radio Show

Charity Advisor Resource Newsletter - Volume 1.2 (2009)

Interview with JONATHAN D. ACKERMAN

Question Answer
Intro   Introduction by host Charles Wolpoff Intro
1. What does everyone have to know about Estate Planning… Not the really wealthy, but anybody? Answer 1
2. Who should have a living will and financial power of attorney? Answer 2
3. How often should the powers of attorney, medical directives and will be updated? Answer 3
4. Especially when you are talking about the powers of attorney, the advance medical directives and so on….isn’t there a problem that some institutions, while they should follow what they say, might say they are too stale, even if they are only a few years old? Do you find that to be a problem? Answer 4
5. The status of the estate planning situation — especially estate taxes right now — where do we stand with that? Answer 5
6. So what happens in 2011? Answer 6
7. Because it is the extreme — in 2010, no tax and in 2011 it goes back to a much harsher estate system, back the way it was in 2001 — is it almost impossible for Congress to leave it as it is before 2010? In other words, don’t they have to change it before 2010? Answer 7
8. Maryland has an estate tax which is currently at a million dollar exemption. Can you talk a little bit about that? Answer 8
9. Can you talk a little about some of the techniques you can use for families to help both charities and families? Answer 9
10. The families out there that may not have an estate tax situation, but want to leave something to charity, are there different ways they can do that? Answer 10
11. With the economy as it is, do you see people just as interested in making contributions, making charitable gift planning for charities? Answer 11


Jonathan Ackerman, 2002 President of NCPG (now known as Partnership for Philanthropic Planning), represents donors and tax-exempt organizations on a national basis. His advice is often sought by charities in their creation and operation, especially with respect to contributions and other funding opportunities, as well as by families (and their advisors) who desire to integrate philanthropy into their estate plans.