by Christine | Oct 21, 2011 | Estate Planning |
The death of Steve Jobs has sparked conversation about the motivations and merits that surround anonymous giving. And for those who either eschew the spotlight or hold to a religious tradition that espouses anonymous donation, giving in secret sounds downright...
by Christine | Oct 20, 2011 | Estate Planning, Retirement Planning, Tax Planning |
To follow in [Reverend Crummey’s] footsteps, set up a trust and have it buy a life insurance policy on your life. Someday when you die, the trust will receive the insurance proceeds and pay them out to the beneficiaries listed in your trust. When you’re looking to...
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...
