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Professor Grace Allison

Grace Allison

Adjunct Professor of Law
A.B., 1967, Wellesley College
M.A.T. (Master of Arts in Teaching) in English, 1969, The University of Chicago Graduate School of Education
J.D., 1979, The University of Chicago Law School

 Curriculum Vitae

Contact Information

 Ph.: 505-277-6559
 Cell: 505-234-3795
 Office: 3413
 allison@law.unm.edu

Grace Allison, a graduate of The University of Chicago Law School and Wellesley College, is a Qualified Tax Expert in the Business and Tax section of the Law School's Clinical Programs, and also teaches Nonprofit Organizations, a drafting course. Before relocating to Albuquerque in 2011, she was Senior Vice President and Tax Strategist for Northern Trust in Chicago, a major trust company with thousands of charitable trusts. A tax lawyer with a strong interest in philanthropy, Grace serves on the boards of three New Mexico charities and is Vice Chair of the Charitable Planning and Organizations Group, Real Property Trust and Estate Section, American Bar Association. She has written numerous articles about taxes and philanthropy and is the author of Legacy: Conversations About Wealth Transfer.

Books Authored or Co-authored

Reader, Building on Best Practices: Transforming Legal Education in a Changing World, Maranville et al., eds., forthcoming 2015.

Legacy: Conversations about Wealth Transfer, Trimark Press (2nd ed., 2011).

"Spotlighting the Taxpayer Relief Act of 1997," The Lawyer’s Guide to Retirement, 3rd ed., American Bar Association, 1998 (with David Hirschey).

"Tax Years," chapter K:9 in 8 Bender’s Federal Tax Service (1991).

Other Writings

“Donors, Volunteers and the Administration’s FY 2016 Revenue Proposals,” E-Report, Real Property Trust & Estate Section, American Bar Association, March, 2015.

“$100,000 IRA Charitable Rollover for 2014?” E-Report, Real Property Trust & Estate Section, American Bar Association, November, 2014.

“Camp Tax Reform Proposal & the Income Tax Charitable Deduction,” E-Report, Real Property Trust & Estate Section, American Bar Association, April, 2014 (with Jessica Baggenstos).

“Non-filing and Tax-Exempt Status: Revocation and Reinstatement,” E-Report, Real Property Trust & Estate Section, American Bar Association, April, 2014.

"2013-14 Priority Guidance Plan Has a Surprise for Private Foundations," E-Report, Real Property Trust & Estate Section, American Bar Association, November 2013.

“Charitable Giving Alert,” E-Report, Real Property Trust & Estate Section, American Bar Association, November, 2012.

"2013-14 Priority Guidance Plan Has a Surprise for Private Foundations," E-Newsletter, Real Property Trust & Estate Section, American Bar Association, November 2013.

"Charitable Giving Alert," E-Newsletter, Real Property Trust & Estate Section, American Bar Association, November, 2012.

"Private Foundations in Transition, Part 2: Governance Issues in 2011 and Beyond," Probate & Property, May/June 2011 (with Ramsay H. Slugg and Janne G. Gallagher).

"Private Foundations in Transition, Part 1: Governance Issues in 2011 and Beyond," Probate & Property, March/April 2011 (with Ramsay H. Slugg and Janne G. Gallagher ).

"The New Form 990 for Tax-Exempt Organizations," Estate Planning, March, 2010.

"The Exempt Organization Division Reports on Tax Compliance," Taxation of Exempts, May/June, 2009.

"Exempt Organization Compliance at the IRS," Taxation of Exempts, July/August, 2008.

"Questions Unanswered in Prohibited Tax Shelter Provisions, Taxation of Exempts, January/February, 2008 (with Paul Carman).

"Administering Split-Interest Charitable Trusts: Five Myths," Trusts & Estates, October 1999.

"New rules increase exposure of lessors to tax on rents that will not be received until later," Journal of Taxation, January, 1986.

Other Presentations

Co-presenter with Jessica Baggenstos, "Connecting with Donors: Practical Pointers on Charitable Contributions at Year-End 2013," American Bar Association eCLE (webinar), November 19, 2013.