Professional Advisors News

22 Jun Bridging the gaps in multi-generational family philanthropy

Posted at 15:27h in Professional Advisors News

Differing views within families is nothing new; differing views about nearly anything and everything is centuries old. For generations and generations, common topics of disagreement have included popular culture, politics, religion and parenting, just to name a few. Frequently outranking all is money—how it’s made,...

01 Jun Retirement plans to charity: Understanding the “trifecta” of tax benefits

Posted at 14:01h in Professional Advisors News

Over the last few months, many advisors have noticed an uptick in client inquiries about leaving their IRAs and other retirement plans to charity. If you’re wondering why, it likely has a lot to do with the buzz about Qualified Charitable Distributions, which allow those...

03 Apr April 2023

Posted at 16:18h in Professional Advisors News

Banking fallout and charitable giving, proposed legislation, and what’s on the IRS’s radar Hello from the community foundation! Happy April! As tax time comes and goes for another year, many of you are beginning to address your clients’ charitable giving goals in earnest. With that in mind, our...

03 Mar March 2023

Posted at 16:15h in Professional Advisors News

Addressing disaster giving, eligible QCD recipients, and tips for your business owner clients Hello from the community foundation! Many thanks to those of you who have reached out over the last few weeks with questions you're hearing from your clients. We're happy to address three of the...

03 Mar February 2023

Posted at 16:12h in Professional Advisors News

Philanthropy on clients' minds, pre-spring cleaning, and three tax tips February greetings from the community foundation! Even though 2023 is only a few weeks old, we're hearing from many attorneys, accountants, and financial advisors that clients are already talking about their charitable giving plans for the year. As...

03 Jan January 2023

Posted at 16:04h in Professional Advisors News

Celebrating new laws for QCDs, more reasons to love CGAs, and smart charitable strategies for 2023 Happy New Year from the community foundation! Not surprisingly, community needs tend to rise during uncertain economic times. As 2023 gets into full swing, inflation, housing challenges, and talk of a...

03 Dec December 2022

Posted at 16:00h in Professional Advisors News

Getting creative with NFTs, FAQs about QCDs, and must-know year-end reminders Greetings from the community foundation, and happy December! The final weeks of 2022 are upon us. We’re hearing from attorneys, accountants, and financial advisors not only that your plates are full as the end of the...

17 Nov November 2022

Posted at 10:56h in Professional Advisors News

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...

17 Oct October 2022

Posted at 10:57h in Professional Advisors News

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...

17 Sep September 2022

Posted at 10:58h in Professional Advisors News

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,...