There are many ways that we support our favorite charitable causes. However, one of the most beneficial ways to support a favorite charity now and into perpetuity is through planned giving.
We all have certain causes that we choose to support monetarily. In fact, in 2017, Americans gave more than $410 billion to charities, breaking the $400 billion mark for the first time in history.
But anytime that we give our money to an organization, it’s important to do our due diligence, ensuring that the funds that we give will be used effectively.
Homeownership is the American dream. But is it for everyone? From a young age, purchasing a home is synonymous with success. However, there are some circumstances that need to be taken into account before making the decision to buy a home.
If you’re approaching retirement age, you may be considering a move to a more retirement-friendly state, particularly if your current state of residence imposes numerous taxes on social security, pensions, and other retirement income.
A question many clients are asking these days is about how recent tax reform will impact individual tax situations for 2018. It is estimated that the number of households itemizing deductions is expected to drop from 37 million to 16 million in 2018 due to the higher Standard Deduction passed in the Tax Cuts and Jobs Act. This means that many of the itemizable expenses we h
Almost any large nonprofit organization has a planned giving department that will guide you through the maze of giving options available.
As a financial planning firm, there are a number of different areas we are asked to provide guidance and advice on. It is important that we stay well-informed on any new research, legislation and events as it relates to the financial planning industry. We have compiled our top ten of facts and figures on a variety of personal finance topics from throughout the year!
The end of 2017 marked the passing of the most sweeping tax reform package the country has experienced in decades. The bill ushers in a range of changes including new income tax brackets, modified deductions and credits, and lower corporate and pass-through tax rates.
Just about every article giving financial advice talks about asset allocation and diversification. However, since most investors have multiple types of accounts, such as IRAs, Roth IRAs, 401k’s, trusts and taxable accounts, account allocation is also a very important aspect of your overall portfolio management and, properly executed, can save you substantial amounts in taxes.
The Donor-Advised Fund is a simple, tax-efficient investment solution for investors who are looking to fulfill their philanthropic goals.