Blog

November 7, 2022

Giving appreciated stock to charitable organizations is a highly-effective tax strategy. During years when highly-appreciated stock is in short supply, however, implementing this strategy may be easier said than done.  This is when donor-advised funds come in especially handy. Now is the time to discuss charitable giving with those clients who regularly added to their […]

October 19, 2022

Meet professional advisors who partner with the Community Foundation to meet their client’s charitable goals – and who also have their own funds with us. Eric Hutchinson, vice president of Goldman Sachs, is a local professional advisor we work with to serve his clients. Hutchinson served on the Community Foundation’s state board starting in 2013, […]

You’ve no doubt noticed that donor-advised funds have been featured more prominently over the last few weeks in financial and wealth management publications. That’s in part because the Accelerating Charitable Efforts Act was reintroduced in the House of Representatives on February 3, 2022. The legislation contains the same proposed law changes as the bill introduced […]

During a routine check-in meeting, your client casually mentions that their employer, a local company, was just acquired. The client and dozens of fellow employee shareholders are now flush with cash. “I’d like to use some of the money to give to charity,” the client tells you. “Let’s talk about a family fund at the […]

September 8, 2022

Despite cautionary tales most Americans do not have a will. Even those clients who do have estate plans in place may not truly understand the difference between a will and a trust (and the reason they still need a will even if they have a revocable living trust). A client also may not understand that […]

July 7, 2022

Retirement planning is an important discussion topic during client meetings every year. In recent months, though, you may have observed an uptick in clients’ questions about their plans for retirement related to:  –Required minimum distributions (“RMDs”) from qualified retirement plans, including questions prompted by media coverage of pending legislation known as SECURE 2.0;  –Stability of […]

July 7, 2022

Advisors frequently comment that they’re surprised to discover the many ways the Community Foundation can help their clients, especially compared with national donor-advised fund programs affiliated with brokerage houses or financial services firms. Here are three examples of the types of comments community foundations have heard over the years from attorneys, accountants, and financial advisors:  […]

Your clients will arrive in 15 minutes. You’re reviewing the file. Everything is in order. The estate planning documents are up to date, you’re ready to share the latest investment results, and you are prepared to debrief the 2021 tax season and make tax planning recommendations for the remainder of this year. It sounds pretty […]

May 10, 2022

Over the last few years, especially as social consciousness has increased, many of your clients have no doubt become more interested in how they can make a difference in both their local community and the world at large. Whether those activities include providing financial support to favorite charities or volunteer service, purchasing products that support […]

May 10, 2022

Qualified Charitable Distributions, or “QCDs,” have been in the news a lot lately, especially in light of proposed SECURE Act 2.0 legislation that passed the House of Representatives in March and is now pending in the Senate. Through a QCD, starting at age 70½, your client can instruct the administrator of an IRA to direct […]