Total 1065 Posts
There are two types of charitable giving: personal and social. Gifts that are part of the estate plan are typically a form of personal giving. By contrast, most traditional charity fundraising uses a social giving model. Both are equally important, but it is helpful to make the conceptual distinction when helping clients to include philanthropy in their estate plans…..
Philanthropy is personal; fundraising is social Continue Reading »
Estate Planning, Philanthropy/Charitable GivingAs we all know, the more you earn the more you pay in tax. There may be an exception to this norm on death when amounts are due to the deceased at the time of passing…..
Rights and things can reduce the tax burden on death Continue Reading »
Estate PlanningWhen making charitable gifts by Will, many donors wish to ensure that their gift has a long-term meaningful impact that will enable charitable activities to be carried out long after their deaths…..
Perpetual Testamentary Charitable Trusts Continue Reading »
Charitable Giving, Estate Administration, Estate Planning, Philanthropy/Charitable GivingThe primary objective behind the use of either Intervivos Trusts or Testamentary Trusts in an Estate plan is to manage the transfer of wealth. Many people opt to transfer wealth using a trust because of the tax savings available from splitting income or because of the creditor-proof nature of a Trust. But there can be other more intriguing reasons to choose a trust. For example, I have recently seen an….
There is an incentive to read this blog post, Continue Reading »
Estate Planning