David Wheeler Newman
I provide highly personalized tax and estate planning counsel to families, with some relationships spanning decades into the next generation of those families.
As chair of my law firm's charitable sector practice, I represent foundations, donors and charities in negotiation and drafting of gift agreements to establish endowments, construct facilities and fund programs, including provisions covering restrictions on the use of funds, conditions to performance obligations and donor recognition through naming opportunities.
David Wheeler Newman Features
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posted on 19 May 2020 | ArticleWith the current 7520 rate at all time lows, David Newman focuses our attention on CLATS. The timing is perfect.
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posted on 2 Mar 2020 | ArticleThe government corrects a costly and nagging error in a late funding bill. Charities breathe easier.
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posted on 16 Apr 2019 | Article | 1 commentsHigh income tax states, like California often see residents exit to low or no tax states. What happens to the income taxes when the CRT they established in one state is now sending checks to another...
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posted on 20 Dec 2017 | ArticleDavid Wheeler Newman offers a particular and strategic insight into the new tax legislation. Especially if you're a college football fan.
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posted on 5 Oct 2017 | ArticleDavid Wheeler Newman summarizes the recent White house tax bill which proposes, among other things, to repeal the estate tax.
Other news from David Wheeler Newman
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posted on 1 Jun 2017 | Article | 9 commentsDavid Wheeler Newman provides his analysis of the recent PLR that has planners re-thinking how they use CRTs in their planning.
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posted on 28 Feb 2017 | ArticleDavid Wheeler Newman completes his explanation of the application of the Uniform Prudent Management of Institutional Funds Act(UPMIFA). In this second part, he discusses the selection of an agent and...
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posted on 5 Jan 2017 | Article | 1 commentsDavid Wheeler Newman presents a cogent summary of the effects of UPMIFA regulations on managing Endowment funds.
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posted on 13 Sep 2016 | ArticleA new Revenue Procedure dramatically changes planning for CRATs.
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posted on 29 Sep 2015 | Article | 1 commentsDavid Wheeler Newman provides a complete and thorough treatise on gifts of real property.
About Us
We routinely advise nonprofit organizations on governance and compliance matters.and represent these organizations, their officers and board members in various matters before the California Attorney General, including mergers of nonprofits, executive compensation and benefits, and the acquisition and disposition of assets.
I serve as lead attorney in the firm's engagement as outside general counsel to the UCLA Foundation, and advise a large number of other universities, colleges, hospital foundations, museums, environmental groups, social service agencies and other charities on endowment, fiduciary and gift planning matters.
Specialties
- Tax and estate planning for private clients
- Private foundations
- Charitble organizations, including charitable gift planning, tax compliance, governance and nonprofit corporations law
Practice Area
Charitable Sector
Tax
Trusts & Estates