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009c1f14_apeutics_Flashcards___Cram_com__what_is_CAM_
100-110F [what is CAM?]
what is the temperature for hot foot bath?
[]
CAM, non drug therapeutics Flashcards - Cram.com
what is CAM?
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
009c1f14_apeutics_Flashcards___Cram_com__what_is_CAM_
2-3min [what is CAM?]
how often should you change the cold compressor for the forehead?
[]
CAM, non drug therapeutics Flashcards - Cram.com
what is CAM?
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
009c1f14_apeutics_Flashcards___Cram_com__what_is_CAM_
30-60min [what is CAM?]
how long should you continue treatment for hot foot bath?
[]
CAM, non drug therapeutics Flashcards - Cram.com
what is CAM?
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
009c1f14_apeutics_Flashcards___Cram_com__what_is_CAM_
diabetes, insulin-dependent buerger's disease arteriosclerosis of lower extremities loss of feeling in feet or legs unconsciousness [what is CAM?]
what are the contraindications of hot foot bath?
[]
CAM, non drug therapeutics Flashcards - Cram.com
what is CAM?
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
009c1f14_apeutics_Flashcards___Cram_com__what_is_CAM_
False [what is CAM?]
true or false, you end with cold preceding a massage or during menstruation
[]
CAM, non drug therapeutics Flashcards - Cram.com
what is CAM?
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
009c1f14_apeutics_Flashcards___Cram_com__what_is_CAM_
one hour [what is CAM?]
how long should the paitent rest post fomentation?
[]
CAM, non drug therapeutics Flashcards - Cram.com
what is CAM?
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] In place of conventional medicine
alternative
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] used together with conventional medicine
complementary
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] practiced by holders of degrees in health professions
conventional
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what are examples of mind-body interventions?
prayer, meditation
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what type of CAM is herbs and dietary supplements?
biologically based practices
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] Give examples of alternative medical systems?
traditional chinese medicine, naturopathic medicine, ayurveda
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what type of CAM is therapeutic touch, qi gong, reiki
energy therapies
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] why should critical nurses have knowledge of CAM?
provide guidance answer basic questions refer patients administer selected complimentary therapies
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] which herbal supplments are immune stimulants
echinacea golden seal
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] which herbal supplement increases energy?
Ginseng
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what is the function of Gingko?
increase cerebral blood flow
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] which herbal supplement prevents nausea?
ginger
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what is the function of garlic?
decreases high lipid levels antibiotic antiviral antifungal anticoagulant
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what is the function of glucosamine?
improves pain and movement in joints
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what is the action of St. John Wort?
antidepressant and antianxiety
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what does soy do to total cholesterol?
it lowers the levels
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what is the main purpose of hydrotherapy?
lessen congestion reduce inflammation
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what are the effects of contrast bath?
vasodilation and vasoconstriction phagocytic and immunity response increase number and activity of leukocytes reduce swelling reduce pain in a distant part
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what is the temperature for hot water?
105-110F
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] how often should you alternate cold and hot water in constrast bath?
6-8 times
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] true or false, start with hot and end with cold water.
true
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] if a patient has vascular disease i.e. diabetes what should be the maximum temperature?
103F
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what is the temperature for hot foot bath?
100-110F
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] how often should you change the cold compressor for the forehead?
2-3min
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] how long should you continue treatment for hot foot bath?
30-60min
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] what are the contraindications of hot foot bath?
diabetes, insulin-dependent buerger's disease arteriosclerosis of lower extremities loss of feeling in feet or legs unconsciousness
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] true or false, you end with cold preceding a massage or during menstruation
False
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
0ca34bfc_apeutics_Flashcards___Cram_com___part_of_conventional_medicine
[what is CAM?] how long should the paitent rest post fomentation?
one hour
[]
CAM, non drug therapeutics Flashcards - Cram.com
health care practices not presently considered part of conventional medicine
http://www.cram.com/flashcards/cam-non-drug-therapeutics-937236
25/1438042987155.85_20150728002307-00009-ip-10-236-191-2_372421569_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] a single cash flow [1]
Lump sum
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] the value today of a cash flow to be received or paid in the future [1]
present value
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] is the value in the future of cash flows received or paid today [1]
future value
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] FV=PV(1+i) [1]
Future value of lump sum equation
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] is the collection of all possible individuals [1]
Population
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] a portion or subset of a population that is used to estimate characteristics [1]
Sample
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] Equilibrium interest rates are the required rate of return for a particular investment, in the sense that the market rate of return is the return that investors and savers require to get them to willingly lend their funds. Interest rates are also referred to as discount rates [1]
Interpret interest rates
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] nominal risk-free rate = real risk-free rate + expected inflation rate [1]
nominal risk-free rate
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] Default risk, Liquidity risk, Maturity risk. [1]
Securities types of risk:
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] is a theoretical rate on a single-period loan that has no expectation of inflation and dafault risk and liquidty risk and maturity risk [1]
real risk-free rate
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] an investor's increase in purchasing power (after adjusting for inflation). [1]
real rate of return
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] real risk-free rate + expected inflation rate [1]
nominal risk-free rate=
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] effective annual rate represents the annual rate of return actually being earned after adjustments have been made for different compounding periods. [1]
EAR ( time value of money)
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
ee4692d8__methods_Flashcards___Cram_com__1
[2] EAR (1 + periodic rare)m - 1 1 [1]
EAR ( time value of money) formula
[]
CFA Level 1 Quantitative methods Flashcards - Cram.com
1
http://www.cram.com/flashcards/cfa-level-1-quantitative-methods-1986939
25/1438042989790.89_20150728002309-00101-ip-10-236-191-2_383394984_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
170(c) organizations qualified to receive deductible contributions.
to what type of entities can deductible donations be made?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
private foundations public charities private operating foundations
What are the three categories of charitable organizations?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
the default charitable category and the least favored often lower dedutibility than with other entities
What are private foundations?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
most favored category organization must qualify most favored tax deduction
What are public charities?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
hybrid between charitable and private foundations favorable deductions
What are private operating foundations?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
when donor gives something to charity in exchange for goods and services; deduction is limited to amount by which value of property trnasferred exceeds value of items received in return exception - de mininimus rule
what is a quid pro quo contribution?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
not to foreign charities yes to domestic charities doing foreign work but for estate tax purposes, not limited to domestic charities; also private foundations ok
Are foreign donations deductible?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
no (e.g. one week in vacation home donated to charity auction)
Are partial interests deductible?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
No (e.g. donation to non-profit college on condition $$ be used to offset costs for son attending college)
Are earmarked contributions deductible?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
deduction limited to amount charity sells vehicle for Exceptions: charity actually uses vehicle charity tranfers vehicle for less than FMV to further charitable purpose.
How is the deduction for donated vehicles handled?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
Separate funds maintained by public charities where donor is permitted to recommend charitable donees to charity. Power of private foundation but allow contribution deductions - contributions are treated as contribution to charity maintaining fund.
What is a donor-advised fund?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
letter from charity to donor stating that charity has exclusive legal control over assets.
What does a contribution to a donor-advised fund require for deductibility?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
must be in good condition or better (unless single item under $500 along with appraisal)
What is the rule for deduction for donation of clothing and household items?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
amount of contribution shall be reduced by the amount of gain that is not long-term capital gain (held for longer than 12 months)
how is deductibility handled for contributed property with built-in ordinary income and short-term capital gain potential?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
it is reduced by the long-term capital gain potential in the property ONLY IF it is tangible personal property, contributions to private foundations, certain intellectual property, taxidermy
how is deductibility handled for long-term capital gain property?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
when contributed property is used by donee in way that is unrelated to donee's charitable purpose (e.g. painting contributed to hospital that sells it to raise money) OR charity sells it during same year contribution is made. de minimis exception
when is dedutibility reduced for personal property donations with long-term capital gain property?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
donation of qualified appreciated stock: in a corporation established security market long-term capital gain potential limited to less than 10% of outstanding value.
What is another major exception for the long-term capital gain property reduction rule?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
50% of AGI or 30% of AGI if built-in gains and not subject to reduction exception 30% or 20% for non-public charities depending on built-in capital gains potential
What is the limit for dedutible donations?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
yes, for five succeeding taxable years.
Can a donor "carryover" contributions?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
minimal for under $250 normal for over $250 extended for over $500 appraisal for over $5000
what type of substantiation of donations is required?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
Yes, only IRA/Roth IRAs limited to $100,000 per year donor over 70 1/2
Can donations directly from retirement accounts be mad?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
no maximum no reduction in creidt.
For estate tax deductibility purposes, is there a maximum donation? Is less credit given when assets have built-in capital gains?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
yes. no distinction between gifts "to" or "for use of" charitable donees
Are standards for deductibility more generous for estate tax than for income tax?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
Maybe - IRS may argue no because at moment of death possibility that nothing will be given. better practice to require that gifts be given and let trustee pick the charities
if a trustee has discretion to make charitable gifts, are those gifts deductible?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
1. CRT (CRAT or CRUT) entire transfer deducible for estate tax purposes because qualifies for marital deduction and remainder qualifiees for charitable deduction 2. QTIP with charitable remainder. Trust included in estate of SS, but qualifies for deduction at death of SS
What are two ways to provide a trust to benefit spouse for life with remainder to charity?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
General power - transfers to charity ARE deductible special/lmited power - not deductible
How do powers of appointment impact estate tax charitable deductibility?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
yes, but only for domestic charities
can non residents get a gift tax donation?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
no deduction. EXCEPTIONS: CRT CLT remainder interest in residence or farm charitable gift annuitites
What is the general rule regarding contribution of less than a full interest in property to charity?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
Large current income tax deduction keep living in residence rent-free; passes to charity upon death.
why might a client contribute personal residence to charity?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
transfer of property to a charity in exchange for an annuity. amount transferred will exceed annuity value -- deduction allowed for difference
What are charitable gift annuitites?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
1. private foundation (generally only good for $1M+) 2. donor-advised fund 3. supporting organization 4. donor-directed fund
What are options for donors who want to make a large contribution in current year (for tax reasons) but select beneficiary in future years?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
charitable lead trust (CLAT/CLUT) initially makes all distributions to charity (either annuity or unittrust)
What is a CLT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
non-grantor CLATs
what is the most common CLT
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
on death - or othwerise when donor's income tax deduction isn't relevant (e.g. donor already exceeded 50% AGI level)
when are CLTs most likely to be used
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
estate or gift tax deduction is calculated at 120% of midterm AFR. If actual investment return during charitable return exceeds that figure, excess passes free of estate and gift tax.
what is the primary benefit of a CLT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
Low - easier hurdle to beat with investments
Are CLAT's preferred when AFR is low or high?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
unlimited estate tax deduction at death for value of annuity (NPV)
what is the estate tax deduction for a CLT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
allowed when the gift is complete; no annual exclusion (because it is a future-interest gift)
what is the gift tax deduction for a CLT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
yes
should an alternate charitable beneficiary be named?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
a charitable remainder trust that provides payments to one or more NON-charitable beneficiaries for their lifetimes or a term of years. On death of final recipient/end of term, principal balance distributed to charity
What is a CRT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
charitably-inclined, highly appreciated asset that he wishes to sell
who is the classic candidate for a CRT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
income tax deduction for gift to CRT for value of remainder interest no capital gains tax for sale within the trust gift to CRT doesn't trigger gift or estate tax income stream for incoem beneficiary
what are tax benefits of a CRT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
provide income to spendthrift without principal, partial estate tax deduction
how could a CRT help a parent with spendthrift child?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
irrevocable lack of liquidity cost of set up dificulties of administration
what are some negatives of CRTs
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
has been in a number of occasions by IRS
is early termination of CRT allowed?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
charitable remainder annuity trust pays income beneficiary a specified amount based on fixed percentage and pays same amount each year or fixed dollar amount. Must be between 5-50% of initial FMV if not an individual can't exceed 20 years
what is a CRAT
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
10% of initial FMV
What is the minimum value of the remainder benefit in a CRAT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
95%
for a CRAT, what is the minimum probability that the assets will last long enough to pay the annuity?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
elderly clients when security is more important than inflation protection
When is a CRAT preferred to CRUT
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
charitable remainder unitrust pays a fixed percentage of assets each year
What is a CRUT
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
not as elderly inflation protection more important than security must be 5-50% of FMV
When is a CRUT preferable to CRAT?
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json
75912bc3_Planning_Flashcards___Cram_com___for_charitable_contributions_
Charitable net income unitrust (w/ or w/out makeup provisions) pays the LESSER of a fixed % of trust's net FMV or actual net income for the year
What is a NICRUT or NIMCRUT
[]
Charitable Planning Flashcards - Cram.com
Which taxpayers can take an income tax deduction for charitable contributions?
http://www.cram.com/flashcards/charitable-planning-1945496
25/1438042990900.28_20150728002310-00065-ip-10-236-191-2_379660281_0.json