March 6, 2025
by Lesley Roberts, Philanthropic Advisor As the holiday glow fades, many clients face the annual stress of gathering tax documents and working with their CPAs, financial advisors, and tax attorneys. Preparing for last year’s filings and planning for the year ahead can feel overwhelming. This year, several factors make tax season particularly challenging: Uncertainty in […]
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March 6, 2025
by Ashley Coldiron, Chief Development Officer A major wealth transfer is underway as Baby Boomers prepare to pass assets to their Gen X and Millennial children. The numbers are staggering—$124 trillion in U.S. wealth is expected to change hands by 2048, with $105 trillion going to heirs and $18 trillion earmarked for philanthropy. For advisors, […]
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January 6, 2025
by Jody Dilday, Philanthropic Advisor The end of 2024 may have been hectic for you and your clients, but now is the perfect time to help families start planning their charitable giving strategies for 2025. While year-end giving often feels urgent, planning early in the year offers even greater advantages. Here are the benefits of […]
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January 6, 2025
by Lesley Roberts, Philanthropic Advisor Advisors often share that their happiest clients are those who include charitable giving in their estate and financial plans. Whether philanthropy inspires happiness or happy people are drawn to giving, one thing is clear: incorporating charitable giving into financial planning delivers emotional and practical benefits. Advisors who embrace this conversation […]
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January 6, 2025
by Ashley Coldiron, Chief Development Officer A new year and a new administration often bring the potential for significant changes. So, what’s on the legislative horizon that might affect your charitable clients? The Tax Cuts and Jobs Act (TCJA) of 2017: A Key Focus One major issue we’re watching is the possible extension or expiration […]
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September 4, 2024
Our team keeps a finger on the pulse of current events and legal developments that could impact the way you work with your charitable clients. Below are three notable items that you’ll likely want to keep in mind this fall. Election year implications Naturally, as a financial, legal, or tax advisor, you’re very interested in […]
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September 4, 2024
“Nothing is so fatiguing as the eternal hanging on of an uncompleted task.” –William James Procrastination is a drain in ways that go far deeper than the incomplete task itself. We know this intellectually, but it can be so hard to break the procrastination habit. It seems that the more daunting the task, the harder […]
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August 5, 2024
If you’ve already established a donor advised fund at the Community Foundation, you can understand why it’s become such a popular tool to organize your family’s giving and serve as a springboard for so many other ways to make a difference in our region. Recently, we’ve talked several donors who work with the Community Foundation […]
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July 2, 2024
Without legislation to prevent it, the sunsetting of current estate tax laws at the end of 2025 will dramatically reduce the federal estate tax exemption from $13.61 million per person in 2024 to approximately $7 million in 2026 (this includes adjustments for inflation). This change would affect many high net-worth individuals and families, likely exposing […]
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July 2, 2024
Your clients who are corporate executives have likely wondered at some point about the benefits of aligning their companies with philanthropy, whether specific causes or particular organizations. In general, a community engagement strategy can be good for business, if well-executed. For example, almost half of consumers view a brand favorably when the brand supports a […]
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