Featured Gift Planning Articles

Accelerating Testamentary Gift Can Yield Major Savings

The 2017 Tax Cuts and Jobs Act (TCJA) made it more difficult to pursue estate-tax savings from charitable giving. TCJA doubled the estate- and gift-transfer-tax exemptions to approximately $22 million for a married couple, leaving just a fraction of one percent of taxpayers subject to those taxes. But there are creative ways for donors to... Read more »

Four Couples Look at Capital Gains

Imagine four couples with varying incomes, each of whom purchased a hundred shares of XYZ company stock for $10,000 in early 2009 and sold their shares this year for $30,000, realizing $20,000 of capital gain. What federal tax rate would each couple pay? And what would be the tax savings of making a charitable gift... Read more »

8 Life Changes That Should Prompt a Review of Your Estate Plan

Summertime is a season of change:  graduations, weddings, and births all spike in the summer. A change in your family makes a good time to review your will and estate plan. What conditions have changed since you first drafted your will? What plans do you need to reexamine in light of new circumstances? Do your... Read more »

The Season of Life, the Gift of Life Insurance

Your taxes are paid; the flowers are blooming; those April snow showers are a distant memory as spring takes full hold. The season of new life is the perfect time to talk about life insurance: an incredibly flexible way to renew your philanthropy. Life insurance is the most widely held asset in the United States,... Read more »

It’s Tax Filing Season: Did You Take Advantage of Financial and Charitable Strategies?

If March Madness describes the three-week college basketball tournament that ends April 2, then April Madness describes tax time. Yes, it’s that dreaded time of the year again, almost the day of reckoning with the IRS. It is also a propitious time to assess how effective you were in planning your tax strategy for the... Read more »