Tag: Charitable Giving
An estate planning resolution can be beneficial to everyone. There are many possible New Year’s resolutions. However, a good one to consider may well be creating an estate plan or taking a fresh look at your current plan, according to the Grand Rapids Business Journal in “Incorporate estate planning into New Year’s resolutions“. Resolving to […]
Heading into retirement does not mean you have to cease support of nonprofits. A recent study, which took a close look at American households and support for nonprofits, found differences in giving among genders as well as marital status, according to CBS News’ Moneywatch in “How to fund your charitable giving in retirement“. The study […]
Everyone needs an estate plan. No exceptions. It was determined recently that more than half of the Baby Boomers in America do not have an estate plan and should know more about estate planning, according to Country Living in “Everything Baby Boomers Need to Know About Estate Planning“. The first and most fundamental fact: everyone […]
There are ways to give away money that help people and create some tax breaks. If you’ve reached a point in life where you feel you have enough and want to give your money away, it would be wise to consider what your family thinks about sharing your resources, according to the AARP in “How […]
Planned giving is one way to leave a good legacy. Assets are often the first thought about estate planning. However, that does not mean your other values have to be left out of your estate plan completely. You can use your estate plan for planned charitable giving, according to the Nashua Telegraph in “Planning to […]
There are good ways and bad ways to give to charities. It often depends on the charity. People often decide to leave some or all of their assets to charity. However, the best way to find out how to give to any specific charity is to talk to that charity, according to Mountain Xpress in […]
There is a close relationship between the estate tax and charities. The estate tax aims at taxing the largest estates to help fund government programs and charities aim at voluntarily raising money to support causes that benefit society. However, they are actually closely linked, according to Bloomberg in “GOP Plan to Kill Estate Tax Sets Up […]
Giving to charity is often more complicated than writing a check for a donation. While you can create a charitable legacy through several different methods, donor advised funds are gaining in popularity as a good way to do so, according to the Wills, Trusts & Estates Prof Blog in “The Rise of Donor Advised Funds.” […]
There could be a big impact on estate planning and charities. Bloomberg took a close look at what impact may occur if President-elect Trump follows through on some of his campaign statements in “Where Charitable Giving May Head With Trump.” Trump has stated that he will increase GDP growth by 4% per year, which would […]
An estate plan can put you on the path of being remembered for charitable giving. If you want to be remembered for being a charitable benefactor, you need to get started and an estate plan is a good beginning, according to the Port Huron Times Herald explains in “Plan today to make a difference tomorrow.” […]
