Retirement Funds: The Differences and How to Maximize Them
Retirement funds are a cornerstone of sound financial planning, helping you secure your future while reducing your tax burden. Beyond their immediate financial benefits, these accounts can also be powerful […]
When Should You Open a Charitable Trust?
Here’s a quick overview of when a charitable trust can be set up, and what to consider if you want to capitalize on tax deductions and timing!
How to Be an Estate Executor or Personal Representative
Are you named in someone’s estate and wondering what to do next? Here, we’ll cover some important terms in estate and legacy planning and what to do if you’re asked […]
What Is Your Net Worth?
Our clients are often shocked–in a good way–when we tally up their assets and estimate the value of their estate. When making legacy planning-related financial decisions, this is step one. Here’s how to figure out your number!
Pros and Cons of a Charitable Trust
Charitable trusts are so powerful, we sometimes call them “give it twice” trusts. But while they mean a huge gift to charity and a tax-efficient income stream to loved ones (or you!), they’re not without some caveats.
4 Tips for Storing and Sharing Your Digital Assets
As legacy planners, we get a lot of questions about how to store important documents, photos, and other digital assets for the long haul…and how to securely share them with […]
5 Ways to Be More Intentional With Your Legacy
Here’s what to ask a nonprofit before making a major gift. But if you’ve done your due diligence, giving during life can be an amazing way to make a difference–and you’ll get to witness it! This can also help your heirs understand your values and giving priorities, and inspire them to be more generous themselves.
Including Pets in Your Legacy Plan
If you have a pet, I’m sure you’ve made plans for their care at some point. Maybe you were taking a vacation or had a busy workday and just wanted to ensure they were properly taken care of. Most of us don’t bat an eyelash at these forward-thinking plans for our furry friends, but we often forget about ensuring their long-term care in case something happens to us.
7 Charitable Giving Tools (And Who Should Consider Them)
Our focus is on legacy planning…but we’re always helping donors identify the most effective ways to give charitably–starting now! There are CRUTs and CRATs and DAFs and ILITs and QCDs, and while we’ve just scratched the surface of the many charitable giving tools out there, all the acronyms can seem like alphabet soup. If you’re just wanting an overview, here’s a crash course on the most common giving vehicles…and when they might be a good fit.
7 Questions to Ask a Nonprofit Before Making a Major Gift
Before clients make their charitable intentions official, we encourage them to do a little research on and ask a few questions about the organizations they want to remember with a bequest or other planned gift.