The 2023 Qualified Charitable Distribution Rules Impacting Your Estate
Some feel a philanthropic tug on their heartstrings from time to time, while others make charitable donations an integral part of their financial plan. Whether you fall into one category or the [...]
What Is the Current Lifetime Gift Tax Exemption ?
Gifting is a well-known strategy for passing the legacy of your wealth to the individuals and nonprofit organizations close to your heart. But there are a number of different factors that must be [...]
The Benefits of an IRA Qualified Charitable Distribution for Estate Planning
A majority of high net worth households—up to 91 percent—donate to charity. That’s compared to just 59 percent of the total population, according to research from the Indiana University Lilly [...]
How to Create a Private Family Foundation with Life Insurance to Enhance Charitable Giving
The other day, a client walked into our office looking for something a bit different than what you might expect. He wasn’t worried about providing for heirs. He wanted to fulfill a philanthropic [...]
Use Life Insurance for Charitable Giving to Create a Lasting Legacy
Throughout her working years, our long-standing client, Ann, had regularly donated to charities. She was proud and happy to contribute to causes in which she believed, and to help those who [...]
