8/30/10 ASHLAND, OH -- The Partnership for Philanthropic Planning North Central Ohio Council (formerly the North Central Ohio Planned Giving Council) will host a session for legal, financial and estate planning professionals and charitable organizations on Sept. 15. The seminar, to be held from 12:30 to 5 p.m. in the Ridenour Executive Education Center in Ashland University's Dauch College of Business and Economics, is the second event in the Council's 2010 Continuing Education Seminar Series.
The seminar speaker will be Ted Batson Jr., who is executive vice president of Renaissance Administration LLC. He will present "The Magic of Life Income Gifts in the Current Economic and Tax Environment." The fee for those non-members wishing four hours continuing education credit is $75, while the non-credit audit fee is $50. Members of PPP-NCOC attend without cost. The attorney continuing education credits are pending. Those planning to attend are asked to register by calling (419) 289-5072.
Topics to be discussed at the seminar will include Charitable Remainder Unitrusts, Charitable Lead Trusts, Charitable Gift Annuities, Pooled Income Funds and Donor Advised Funds.
The seminar presentation has two distinct sections, one dealing in significant detail with regard to the topic of making charitable gifts "the old fashioned way" of gifting a certain dollar or percentage amount from a residual estate vs. reviewing current tax law and the advantages of considering more sophisticated alternatives of planned distributions from various assets, or even prior to death.
The second section deals specifically with how philanthropic clients can see the results of their giving while they are living and at the same time ensure that a similar result can be obtained generations later. It is assumed that the potential clients of those attending may already have some type of philanthropic interest in which they are involved and want to continue or enhance it as they are able. Demonstrating the possibilities will be an important element of the program presentation.
Batson is vice president of Renaissance Administration LLC., the nation's largest charitable trust administrator and is a distinguished expert in the determination of strategies effective life income alternatives. He is directly responsible for monitoring and analyzing the potential tax implications of new laws and regulations, especially with regard to charitable trusts (lead and remainder), gift annuities and pooled income funds. Renaissance has been providing third party and private label trust administration services since 1987 and furnishes administrative oversight and support for private and public foundations, charitable and taxable trusts and donor advised funds.
Batson is a certified public accountant, as well as a certified financial planner who holds an MBA from Indiana University. His undergraduate work is in computer science, and he has been an integral part of the development of proprietary trust administration software that is used throughout the nation by leading trust management and administration firms.
He is a key member of the Renaissance staff and is especially positioned to view leading indicators of not only legal and financial trends throughout the nation, but personal responses by clients who are creating long-range plans for their lives, families and philanthropy.
The Partnership for Philanthropic Planning, North Central Ohio Council is a regionally-based partnership led by Ashland University and Samaritan Hospital and supported by the Ashland, Richland and Wayne County Community Foundations, and more than 25 other charitable, business and professional organizations.
Ashland University (www.ashland.edu<http://www.ashland.edu>) is a mid-sized, private university conveniently located a short distance from Akron, Cleveland and Columbus, Ohio. Ashland University values the individual student and offers a unique educational experience that combines the challenge of strong, applied academic programs with a faculty and staff who build nurturing relationships with their students.