Resources

Archive for the ‘Gift and Trust Planning’ Category

Thursday 07/19/2018

Benefit From Charitable Contributions With QCD

Lynda Doland explains how taxpayers older than 70 ½ can still benefit from donations to charity even if they can no longer itemize. The number of taxpayers who will itemize starting with 2018 is estimated to drop by 50% due to the changes made by the Tax Cuts and Jobs Act (TCJA; P.L. 115-97, 12/22/2017). […]

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Thursday 02/08/2018

Life Planning: Prepare now for the unexpected

Many celebrity deaths from Prince to Whitney Houston have highlighted what can happen to an estate in the event of an untimely death. So, how can you prepare for the unexpected? Do you know what to do when your older relative falls and breaks a bone? There can be a lot of decisions to make.  Where […]

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Thursday 08/03/2017

Documentation Requirements for Noncash Charitable Donations

Lynda Doland offers advice on how to make the most out of your donations. Gifts of property to charity throughout the year can result in beneficial tax write-offs. Noncash charitable donations are held to strict record keeping requirements, and the acceptance of the deduction depends greatly on the quality of records associated with the donations. […]

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