Volume XXXII, No.5

Lead Stories

DAF Assets Top $234 Billion While Controversy Continues

Total distributions exceed 27% of fund value, while critics seek to delay tax breaks

NY Attorney General Sanctions CEO of DAF Sponsor for Breach of Fiduciary Duty

AG permanently bars CEO from serving as fiduciary of a charity for misusing funds for personal benefit for himself and others

Estate Planner Did Not Breach Duty By Failing to Disclose Basis of Fees

Court affirms plan that reduced bequests to daughters of couple who established charitable remainder trusts

Appropriations Act Expands IRA Distributions, Curbs Conservation Easements, And Prohibits Definition for 501(c)(4) Groups

And Prohibits Definition for 501(c)(4) Groups Congress does not want IRS to define how much electioneering is permissible for social welfare organizations
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