Strong year-end giving in a bear market: Donor-advised funds come in handy Giving appreciated stock to charitable organizations is certainly a highly-effective tax strategy. During years when highly-appreciated stock is in short supply, however, implementing this strategy may be easier said than done. This is when donor-advised...
THE BEAR MARKET Hanging in there: Charitable giving in a challenging economy Earlier this year, Bankrate and Psych Central released the Money and Mental Health study and, not surprisingly, a large number of people surveyed in the research reported that money has a negative impact on their...
Inherited IRAs: Big headache, or big opportunity? Don’t be surprised if your clients are walking into your office in a state of bewilderment over something they’ve read recently about the IRS’s distribution rules for inherited IRAs. What’s the back story? Until the law changed a few years ago,...
Back to basics: Reminding clients about wills, trusts, and charitable bequests August is national Make a Will Month, and the publicity surrounding this designation may prompt your clients to ask you about whether their affairs are in good order. Of course, making sure a client has...
Bunching, long-term appreciated assets, and the fruits of helping younger clients plan their charitable giving Developing a thorough estate plan isn’t important only for Baby Boomers and Gen Xers. Millennials, who now make up nearly a quarter of the population in the United States, may prove...
Planning for retirement and giving to charity: Intertwined solutions in economically puzzling times Retirement planning no doubt is an important discussion topic during client meetings every year. In recent months, though, you may have observed an uptick in clients’ questions about their plans for retirement, perhaps...
QCDs: Good news and important reminders Qualified Charitable Distributions, or “QCDs,” have been in the news a lot lately, especially in light of proposed SECURE Act 2.0 legislation that passed the House of Representatives in March and is now pending in the Senate. Through a QCD, starting...