Leaving Assets to a Charity
There are several factors to consider when leaving assets to a charity in your will or trust. First, be sure...
The Legacy IRA Act is now law
The Legacy IRA Act is now law. The new provisions expand the previous definition of a qualified charitable deduction to...
Trust Property
Trust property includes assets that are held in the name of the Trust, assigned to the Trust, or transferred by...
End of Year Charitable Giving
As we enter the season of giving, it is important to consider all of the options available to you for...
‘Tis the Season of Giving
The season of giving and gifting is here. If you are considering charitable donations, consider that there are many ways...
Use it or lose it
The current estate tax and lifetime gift exemption is $11.7 million per person. This amount is set to sunset and...
Planning to Give Back
One pillar of estate planning is charitable giving. There are many ways to include charitable giving as part of your...
Tax Deadlines Extended
ICYMI, The federal income tax filing due date for individuals for the 2020 tax year has been automatically extended from...
Estate Tax
The estate tax lifetime exemption is currently set at $11,580,000. Under the incoming Administration, we’re prepared to see the exemption...
Season’s Greetings!
Florida does not have an inheritance tax. If you aren’t a Florida resident, yet, it may be time to become...