Leveraging Investments for Charitable Donations
Utilizing investment assets to fund charitable contributions allows investors to maximize their donations while simultaneously receiving a greater tax benefit. Consider implementing the following strategies prior to the end of the year to elevate your charitable giving for 2024: Qualified Charitable Distributions(QCDs): A Qualified Charitable Distribution (QCD) is a direct transfer of funds from an […]
New tax law makes bundling gifts to donor-advised funds attractive
“Give, but give until it hurts.” – Mother Teresa – I don’t think Mother Teresa paid much attention to the tax code, but her quote is unusually prescient for 2018 taxpayers. The changes have made it unlikely to get a tax break on money given to your favorite charities. When the Tax Cuts […]
Here for Good – The Role of Philanthropy in Our Lives and Beyond
Philanthropy does not always make the list of critical priorities when planning for the future, a process often dominated by other pressing needs like education and retirement. Yet for those blessed with some success, and financial resources that exceed what we need to survive, philanthropy can be a way to give back, pay it forward, […]
