“The greatest wealth transfer in modern history has begun,” according to a mid-2021 report in the Wall Street Journal. And, with tax reform’s big bite into estate values off the table, at least for now, many of your older clients may be thinking seriously about their...
By: SPENCER G. NAUMAN, JR. How can a donor advised fund assist a business with orderly charitable giving? No matter how big or small, many of today’s businesses look to invest in the community by donating to charitable organizations. Unfortunately, restrictions and...
Imagine that a client sits down at your conference room table and begins the meeting something like this: “I’ve got a prime tract of land I bought for $200,000 just 10 years ago, and now I am sure I could sell it for $2 million because the market is so hot for new...
It requires a keen eye to spot unintended negative consequences of a well-meaning client’s charitable giving strategies! This winter, we suggest you take note of three cautionary tales: Clients can no longer “hide” with confidence behind a so-called blocker LLC to...
We’ve heard that many of you appreciate a quick checklist for charitable giving reminders each December. We know you receive this type of information from many sources, and frequently in great detail. It is our goal to break things down into a few simple points (below...
By: SPENCER G. NAUMAN, JR. For those who are 70 ½ with charitable intent and extra money in their Individual Retirement Accounts (IRA), there is an easy way to establish or enlarge Funds at The Foundation for Enhancing Communities (TFEC). Such persons may direct...
