by Christine | Oct 13, 2011 | Estate Planning, Tax Planning |
Simply defined, a charitable remainder trust allows you to transfer cash or assets to the trust — from which you may receive income for life or, if you prefer, a fixed term not to exceed 20 years. The income can be paid over your life, your spouse’s life and even the...
by Christine | Oct 12, 2011 | Estate Planning, Retirement Planning, Tax Planning |
Many people want to use part of their estate to help charities they believe in—leaving a legacy of helping out the less fortunate, nurturing the arts or supporting other important causes. Giving to charity over your lifetime can be powerful. Not only can you make an...
by Christine | Oct 11, 2011 | Estate Planning, Retirement Planning, Tax Planning |
The Center on Philanthropy at Indiana University launched a free searchable database… the Million Dollar List, that captures 61,461 publicly-announced charitable gifts of $1 million or more made since 2000. In addition to a spirit of charity, information about the...
by Christine | Oct 6, 2011 | Estate Planning |
“Taxes are a heavy component of estate planning, but it is important to be alert for other issues.” Proper estate planning for your assets depends, in large part, on what those assets are. Common assets in an estate include the obvious, such as real...
by Christine | Oct 3, 2011 | Estate Planning |
Parents need to develop a plan that monitors their prodigal sons and daughters while respecting their independence and giving them room to mature. It's a delicate balance, but parents who employ innovative financial training, carefully chosen trustees and cleverly...
by Christine | Sep 29, 2011 | Estate Planning, Retirement Planning, Tax Planning |
How does a retiree replace the interest income from a certificate of deposit paying more than 5% when the rate on a new CD is 1.3%? One solution: Donating the principal to a nonprofit in the form of a "charitable gift annuity" in exchange for lifetime fixed...
