Two separate clients are working with me to set up Charitable Remainder Unitrusts (CRUTS). Establishing a CRUT with the Community Foundation is a way to make a generous charitable gift and save taxes while gaining income for life. The...
If you are a reader of Consumer Reports or the Nature Conservancy magazines, you are probably familiar with Charitable Gift Annuities (“CGAs”). Both magazines have plenty of advertisements for these giving instruments in their publications. The Community Foundation also...
Charities are talking about how the CARES Act provides incentives for donors to make charitable gifts in 2020. I especially hear about how 2020 is the best year ever to establish a Non-Grantor Charitable Lead Trust. From three...
Taxes are expected to go up regardless of the November election’s result as every level of government, nationally, statewide, and locally, faces severe budget deficits. Speculation is that in addition to increased tax rates at all income levels, changes...
CRUT, CRAT, CLUT, CLAT, CGA, DAF—there is a lot of alphabet soup when it comes to the myriad of charitable giving vehicles available to people who want to integrate philanthropy into their financial and estate planning. Add to that...
I am proud to share that last Monday marked 20 years for me with the Community Foundation of Western Nevada. My profound thanks go out to thousands of donors, hundreds of fundholders, about two dozen staff members I’ve had...
The CARES Act which provides relief for the nation includes provisions to encourage charitable giving. For those who don’t itemize their tax returns, gifts to charities of “up to $300” can be deducted. For those who do itemize, and...
Fall is the time of year when many of us think about the timing of our charitable gifting. The end of the year is a popular time to give to charities, and it is an opportunity for tax planning,...
Professional Advisors in the photo above attend an interactive seminar focusing on the 2018 tax changes and how they affect charitable giving. Since the inception of the Community Foundation in 1998, professional advisors have been our core link with...
I like to talk. I think most people do. Though spending time in conversations isn’t necessarily seen as financially beneficial, I know that the time spent in conversations about charitable giving when connected with financial and estate planning, do...